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Home News Goods and Services Tax - GST Month 11 2021 2021 (11) This

Centre releases ₹ 17,000 crore as GST Compensation to States/UTs

3-11-2021
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The Central Government has released GST Compensation of ₹ 17,000 crore to States today. The total amount of compensation released to the States/UTs so far including the aforesaid amount during the year 2021-22 is ₹ 60,000 crore. As per the decision of GST Council, back to back loan of ₹ 1.59 lakh crore has already been released in lieu of shortfall in release of GST Compensation during the current financial year

The table below shows the State-wise GST compensation released to States/UTs on 3rd November  2021:

Details of GST compensation released on 3rd Nov, 2021

S.No.

Name of State/ UT

GST compensation released (in crore)

1

Andhra Pradesh

542.9916

2

Arunachal Pradesh

0.0000

3

Assam

159.5647

4

Bihar

342.3264

5

Chhattisgarh

274.0722

6

Delhi

1155.0933

7

Goa

163.3757

8

Gujarat

1428.4106

9

Haryana

518.1179

10

Himachal Pradesh

177.6906

11

J & K

168.4108

12

Jharkhand

264.4602

13

Karnataka

1602.6152

14

Kerala

673.8487

15

Madhya Pradesh

542.1483

16

Maharashtra

3053.5959

17

Manipur

0.0000

18

Meghalaya

27.7820

19

Mizoram

0.0000

20

Nagaland

0.0000

21

Odisha

286.0111

22

Puducherry

61.0883

23

Punjab

834.8292

24

Rajasthan

653.4479

25

Sikkim

0.3053

26

Tamil Nadu

1314.4277

27

Telangana

279.1866

28

Tripura

16.9261

29

Uttar Pradesh

1417.1820

30

Uttarakhand

270.2722

31

West Bengal

771.8195

 

Total

17000.00

 

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