Centre releases ₹ 17,000 crore as GST Compensation to States/UTs

Goods and Services Tax – GST Dated:- 3-11-2021 – News – 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 3 rd November 2021: Details of GST compensation released on 3 rd Nov, 2021 S.No. Name of State/ UT GST compensa

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achal Pradesh 177.6906 11 J K 168.4108 12 Jharkhand 264.4602 13 Karnataka 1602.6152 14 Kerala 673.8487 15 Madhya Pradesh 542.1483 16 Maharashtra 3053.5959 17 Manipur 0.0000 18 Meghalaya 27.7820 19 Mizoram 0.0000 20

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