Saturday, June 6, 2020

Centre Releases Rs 36400 Crore as GST Compensation to States

Centre Releases Rs 36400 Crore as GST Compensation to States

Ministry of Finance

Centre Government Releases Rs.36,400 Crore as GST Compensation to States

Taking stock of the current situation due to COVID-19 where State Governments need to undertake expenditure while their resources are adversely hit, the Central Government has released the GST Compensation of Rs.36,400 crore to the States/UTs with Legislature for the period from December, 2019 to February, 2020 today.

Centre Releases Rs 36400 Crore as GST Compensation to States

The GST Compensation of Rs.1,15,096 crore for period April-November, 2019 had already been released by the Central Government to the States/ UTs with Legislature.

Tags : GST, Finance

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