The Productivity Commission finds the WA GST deal is a "costly mistake" that has led to "perverse" outcomes, and recommends it be scrapped.

The way in which money from Goods and Services Tax (GST) is allocated to states—a perennial source of dispute—is back on the agenda as the treasurer of Australia’s most populous state, New South Wales ...

New Delhi, Jul 27: The Finance Ministry will soon move the Cabinet with changes in the GST Constitutional Amendment Bill providing for full compensation to states for first five years of roll out of ...

"There is no act of God in the GST formula. This is a brazen abrogation of a solemn promise," Kerala Finance Minister Thomas Isaac said, hitting out at the Centre. On GDP growth figures, he said," I ...

All the 28 states and three union territories with legislature have decided to go for the Centre-suggested compensation formula to meet the revenue shortfall arising out of the GST implementation.