LatestGoods & Service Tax (GST) 15 August 2026
Goa Cabinet Writes Off ₹12 Crore
The Goa cabinet has decided to write off ₹12 crore in decades-old power dues and purge 9525 dead accounts from the SAP system, the decision will be introduced in the Goa Legislative Assembly during the upcoming session, the move is part of the GST Council decisions and recommendations, it aims to clean up the power dues and improve the financial health of the state
The Goa cabinet has taken a significant decision to *write off ₹12 crore* in decades-old power dues. The decision is part of the GST Council decisions and recommendations. The same will now be introduced in the Goa Legislative Assembly during the upcoming session. Some key points of the decision include:
- *₹12 crore* to be written off
- 9525 dead accounts to be purged from the SAP system
The move aims to clean up the power dues and improve the financial health of the state.
The decision will have a significant impact on the state's finances and will help in *reducing the debt burden*.
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