SUSHIL MODI TO HEAD GoM ON SHORTFALL

New Delhi, Jan. 13: Bihar Deputy Chief Minister Sushil Modi will head the seven-member committee to look into revenue shortfall being faced by the states after the GST roll-out, and suggest steps for augmenting collections, a GST Council notification said.

The GST Council, headed by Finance Minister Arun Jaitley and comprising state ministers, had on December 22, 2018, decided to set up a group of ministers (GoM) to analyse reasons for shortfall in revenue collections by the states since July 2017.

Several states including Punjab, Himachal Pradesh, Chattisgarh, Uttarakhand, Jammu and Kashmir, Odisha, Goa, Bihar, Gujarat and Delhi are facing revenue shortfall following the implementation of goods and services tax (GST).

These states are facing revenue shortfall in the range of 14-37 per cent in the April-November period. Among the union territories, Puducherry is facing maximum shortfall of 43 per cent.