Many issues are still on cards for resolving between Andhra Pradesh and Telangana states. From IAS, Electricity to EAMCET not yet resolved even after 7 months of the division of Andhra Pradesh. Both states are vying each other to gain upper hand. But AP Finance Minister asked Sales Tax Commission to Telangana indirectly.
As per Yenamala, Centre has agreed to release 7K crores to Andhra Pradesh as Central Sales Tax Compensation for the FY 2010-2011. Yenamala took initiative for the funds from Central Government. The Centre has not paid CST compensation around 13K crores to the United AP for the FY 2010-2011 and 2012-2013. AP get its share of 7K crores where as Telangana would receive 6K crores in CST Compensation.
Yenamala wants AP share but Arun Jaitely assured to pay compensation to both states by February’15. Centre has agreed to pay some amount in February and remaining after the Budget. Arun Jaitley also promised 16K revenue deficit to AP after the division of the state. Yenamala said that Centre has promised to compensate the loss once the Goods Service Tax (GST) implemented in 2016.