Settlement of Outstanding CST Claim

The Central Government has made provisions in the budget for the year 2014-15 towards the Central Sales Tax (CST) compensation. Government has released ₹ 10724.08 crore to the States/UTs towards balance of CST compensation for 2010-11

Outstanding CST claim of the States for 2011-12 and 2012-13 are likely to be released in Financial Year 2015-16 and 2016-17 respectively.

 This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.