Three years since the grand launch of the GST regime in 2017, the government has for the first time admitted that it has no money to pay the state governments their share of GST revenues as was prescribed by the GST law.Since August 2019, much before the lockdown, the economic situation has been such that GST collection is almost half of what is due to the states. Solutions include either raising taxes on some items or bringing exempted items under the tax net.Union Finance Secretary Ajay Bhushan Pandey apparently told the Parliamentary panel on finance ministry that “the central government is in no position to pay the share of the states” under the revenue share formula laid down in the GST Act. Now the Opposition members of the Parliamentary panel are up in arms over the statement made by Pandey.