West Bengal also pitched for extension of GST compensation for another five years citing two years of difficult time due to Covid-19. Rajasthan also requested that all irrigation and water work projects should be brought under the Centre's ambit and declared central schemes. Earlier share would be 90-10 and now it is 50-50 or 60-40, our request is that it should go back to 90-10," Garg said. "Our most significant demand is that the Centre's share in centrally-sponsored scheme has gradually reduced and states share has increased. He also demanded reduction in import duty on gold and silver from 10 per cent to 4 per cent. Rajasthan Education Minister Subhash Garg said extension of compensation cess window till 2026-27 is a valid demand of states and the Centre should consider it. He also demanded that Rs 4,140 crore deposited with the Centre at the rate of Rs 294 per tonne on coal mining from coal block companies should be transferred to Chhattisgarh soon. Pointing out that Chhattisgarh has received less share of central taxes by Rs 13,089 crore in the Union Budget of the last three years, Baghel demanded the share of central taxes should be given to the state completely in the coming year. If it is not extended, the finances of many states will be in a bad shape," Delhi Deputy Chief Minister Manish Sisodia said after pre-Budget consultation of finance ministers of states with Union Finance Minister Nirmala Sitharaman here. We have also asked to extend GST compensation. There has been a loss of revenue to the states due to the GST tax system, the Centre has not made arrangements to compensate the loss of revenue of about Rs 5,000 crore to the state in the coming year, so the GST compensation grant should be continued for the next five years after June 2022, Chhattisgarh Chief Minister Bhupesh Baghel said. The GST compensation to states for revenue shortfall resulting from subsuming of local taxes such as VAT in the uniform national tax Goods and Services Tax (GST) will end in June next year. NEW DELHI: Many states have demanded that the GST compensation cess regime be extended for another five years and the share of the Union government in the centrally-sponsored schemes be raised as the Covid-19 pandemic has impacted their revenues.