Congress Asks Centre To Extend GST Compensation Period For 3 More Years

Responding to a question, Chidambaram said, “We believe that the compensation period of five years that will expire on June 30, 2022 must be extended. It must be extended by at least another three years.”

“We would strongly disapprove if any attempt is made by the central government or the Union Finance Minister (Nirmala Sitharaman) to railroad the GST council and prevent it from recommending an extension of the GST compensation period by another three years. We will strongly oppose that and we will insist that it be extended,” Chidambaram said.