Centre releases 17,000 crore as GST Compensation to States/UTs
GST
Dated:- 3-11-2021
The Central Government has released GST Compensation of ₹ 17,000 crore to States today. The total amount of compensation released to the States/UTs so far including the aforesaid amount during the year 2021-22 is ₹ 60,000 crore. As per the decision of GST Council, back to back loan of ₹ 1.59 lakh crore has already been released in lieu of shortfall in release of GST Compensation during the current financial year
The table below shows the State-wise GST compensation released to States/UTs on 3rd November 2021:
Details of GST compensation released on 3rd Nov, 2021
S.No.
Name of State/ UT
GST compensation released (in crore
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