https://www.taxtmi.com/news?id=23075 States remain entitled to GST compensation for the transition period, but the GST Compensation Fund is insufficient for 2020 21; the GST Council must decide how to meet the shortfall and may recommend extension of the Compensation Cess. Two options are proposed: a Centre coordinated Special Window for State borrowing with Centre bearing part of interest margin and repayment from extended cess, or individual State market borrowings with principal to be repaid from future cess proceeds and interest met by States, alongside recalibrated borrowing limits. en-us Sat, 29 Aug 2020 16:26:12 +0530 Wed, 11 Feb 2026 15:59:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23075 States remain entitled to GST compensation for the transition period, but the GST Compensation Fund is insufficient for 2020 21; the GST Council must decide how to meet the shortfall and may recommend extension of the Compensation Cess. Two options are proposed: a Centre coordinated Special Window for State borrowing with Centre bearing part of interest margin and repayment from extended cess, or individual State market borrowings with principal to be repaid from future cess proceeds and interest met by States, alongside recalibrated borrowing limits. News - Sat, 29 Aug 2020 16:26:12 +0530 https://www.taxtmi.com/news?id=23075