New Delhi: The Central Government released GST Compensation of Rs. 17,000 crore to States today. The total amount of compensation released to the States/Union Territories so far including the aforesaid amount during the year 2021-22 is Rs. 60,000 crore.
As per the decision of GST Council, back to back loan of Rs.1.59 lakh crore has already been released in lieu of shortfall in release of GST Compensation during the current financial year.
Also read: Rs. 44,000 crore loan released to States in-lieu of GST compensation
The table below shows the State-wise GST compensation released to States/UTs on November 3 2021:
– global bihari bureau
