Centre Releases ₹ 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 ₹ 36,400 crore to the States/UTs with Legislature for the period from December, 2019 to February, 2020 today.

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