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

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.NoName of State/UTGST compensation released to States/Uts for FY 2019-20 (Rs. in Crore)
1Andhra Pradesh3028
2Arunachal Pradesh0
3Assam1284
4Bihar5464
5Chattisgarh4521
6Delhi8424
7Goa1093
8Gujarat14801
9Haryana6617
10Himachal Pradesh2477
11J & K3281
12Jharkhand2219
13Karnataka18628
14Kerala8111
15Madhya Pradesh6538
16Maharashtra19233
17Manipur0
18Meghalaya157
19Mizoram0
20Nagaland0
21Odisha5122
22Puducherry1057
23Punjab12187
24Rajasthan6710
25Sikkim0
26Tamil Nadu12305
27Telangana3054
28Tripura293
29Uttar Pradesh9123
30Uttarakhand3375
31West Bengal6200
 Total165302