“No GST Compensation Due, Will go by Council Decisions’”

Bharatiya Janata Party (BJP)-ruled Uttar Pradesh goes to polls in March next year. State Finance Minister Suresh Khanna says during a select media interaction virtually they are not facing any shortage of funds in the year disrupted by the second wave of the contagion.

On pending GST compensation for FY21

Uttar Pradesh does not have any pendency whatsoever. We have received ` 7,229 crore as GST compensation and ` 6,009 crore as part of the debt raised to meet the deficit. With that, no amount is pending on account of GST to Uttar Pradesh from the Centre.

On extension of compensation period, other GST issues

We will go by the decision taken by the council on all issues related to GST.

On revenue augmentation amid Covid

The state hasn’t increased VAT to raise revenue to help fight the pandemic. VAT on petrol is ` 26.80 and on diesel is ` 17.48, lower than Andhra Pradesh, Maharashtra, Odisha, Tamil Nadu and Chhattisgarh. We believe in improving our infrastructure rather than raising taxes.