{"id":69096,"date":"2021-03-31T10:16:30","date_gmt":"2021-03-31T04:46:30","guid":{"rendered":""},"modified":"2021-03-31T10:16:30","modified_gmt":"2021-03-31T04:46:30","slug":"centre-releases-30-000-crore-as-gst-compensation-as-well-as-28-000-crore-as-igst-ad-hoc-settlement-to-the-states-uts","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=69096","title":{"rendered":"Centre releases 30,000 crore as GST Compensation as well as 28,000 crore as IGST ad-hoc settlement to the States\/UTs"},"content":{"rendered":"<p>Centre releases 30,000 crore as GST Compensation as well as 28,000 crore as IGST ad-hoc settlement to the States\/UTs <br \/>GST<br \/>Dated:- 31-3-2021<br \/><BR>The Central Government has released GST Compensation of &#8377; 30,000 crore to States as part compensation admissible for FY 2020-21 on 27th March, 2021. The total amount of compensation released so far for the year 2020-21 is &#8377; 70,000 crore. As per the decision of GST Council, back to back loan of &#8377; 1,10,208 crore has also been released in lieu of shortfall in release of GST Compensation for FY 2020-21. In addition to above, Centre has also released &#8377; 28,000 crore (&#8377; 14,000 crore to States and &#8377; 14,000 crore to Centre) by way of adhoc settlement of IGST on 30<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=23912\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p>\n1107.8935<br \/>\n15<br \/>\nMaharashtra<br \/>\n4446.3056<br \/>\n16<br \/>\nMeghalaya<br \/>\n41.9917<br \/>\n17<br \/>\nOdisha<br \/>\n785.8651<br \/>\n18<br \/>\nPuducherry<br \/>\n140.0184<br \/>\n19<br \/>\nPunjab<br \/>\n1707.4805<br \/>\n20<br \/>\nRajasthan<br \/>\n1176.0441<br \/>\n21<br \/>\nSikkim<br \/>\n3.7173<br \/>\n22<br \/>\nTamil Nadu<br \/>\n2192.9325<br \/>\n23<br \/>\nTelangana<br \/>\n770.5828<br \/>\n24<br \/>\nTripura<br \/>\n47.2235<br \/>\n25<br \/>\nUttar Pradesh<br \/>\n2094.4929<br \/>\n26<br \/>\nUttarakhand<br \/>\n516.9803<br \/>\n27<br \/>\nWest Bengal<br \/>\n1309.1785<br \/>\nTotal<br \/>\n30000<br \/>\nState Code<br \/>\nName of the State \/ UT<br \/>\nAdhoc IGST Settlement released on 30th March, 2021 (Rs. in crore )<br \/>\n1<br \/>\nJammu and Kashmir<br \/>\n167<br \/>\n2<br \/>\nHimachal Pradesh<br \/>\n127<br \/>\n3<br \/>\nPunjab<br \/>\n523<br \/>\n4<br \/>\nChandigarh<br \/>\n40<br \/>\n5<br \/>\nUttarakhand<br \/>\n173<br \/>\n6<br \/>\nHaryana<br \/>\n532<br \/>\n7<br \/>\nDelhi<br \/>\n587<br \/>\n8<br \/>\nRajasthan<br \/>\n600<br \/>\n9<br \/>\nUttar Pradesh<br \/>\n1167<br \/>\n10<br \/>\nBihar<br \/>\n441<br \/>\n11<br \/>\nSikkim<br \/>\n9<br \/>\n12<br \/>\nArunachal Pradesh<br \/>\n9<br \/>\n13<br \/>\nNagaland<br \/>\n9<br \/>\n14<br \/>\nManipur<br \/>\n12<br \/>\n15<br \/>\nMizoram<br \/>\n7<br \/>\n1<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=23912\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Centre releases 30,000 crore as GST Compensation as well as 28,000 crore as IGST ad-hoc settlement to the States\/UTs GSTDated:- 31-3-2021The Central Government has released GST Compensation of &#8377; 30,000 crore to States as part compensation admissible for FY 2020-21 on 27th March, 2021. The total amount of compensation released so far for the year &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=69096\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Centre releases 30,000 crore as GST Compensation as well as 28,000 crore as IGST ad-hoc settlement to the States\/UTs&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-69096","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69096"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/69096\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}