Centre Released Rs. 1,65,302 Crore as GST Compensation to States/UTs

Print Posted Date : 28-Jul-2020 , 10:02:26 am | Posted By CASANSAAR

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Central Government has recently released GST Compensation of Rs. 13,806 crore to States for March’2020. Taking this amount into account, entire compensation upto 2019-20 has been released to States. The total amount of compensation released for the year 2019-20 is Rs. 1,65,302 crore whereas the amount of cess collected during the year 2019-20 was Rs. 95,444 crore.

To release the compensation for 2019-20, balance of cess amount collected during 2017-18 and 2018-19 was also utilised. In addition, Centre had transferred Rs. 33,412 crore from Consolidated Fund of India to the Compensation Fund as a part of an exercise to apportion balance of IGST pertaining to 2017-18.

The table below shows the State-wise GST compensation released for the Financial Year 2019-20: -

S.No	Name of State/UT	GST compensation released to States/Uts for FY 2019-20 (Rs. in Crore)
1	Andhra Pradesh	3028
2	Arunachal Pradesh	0
3	Assam	1284
4	Bihar	5464
5	Chattisgarh	4521
6	Delhi	8424
7	Goa	1093
8	Gujarat	14801
9	Haryana	6617
10	Himachal Pradesh	2477
11	J & K	3281
12	Jharkhand	2219
13	Karnataka	18628
14	Kerala	8111
15	Madhya Pradesh	6538
16	Maharashtra	19233
17	Manipur	0
18	Meghalaya	157
19	Mizoram	0
20	Nagaland	0
21	Odisha	5122
22	Puducherry	1057
23	Punjab	12187
24	Rajasthan	6710
25	Sikkim	0
26	Tamil Nadu	12305
27	Telangana	3054
28	Tripura	293
29	Uttar Pradesh	9123
30	Uttarakhand	3375
31	West Bengal	6200
	Total	165302