Centre releases Rs.19,950 cr as GST compensation to states, UTs

The Central Government has released 19,950 crore rupees as GST compensation to states. The amount was released to states last Monday. With this release of GST compensation, the Central Government has released a total of over 1.20 lakh crore rupees towards GST compensation to the states during current



fiscal.

In the financial year 2018-19, an amount of over 95 thousand crore rupees was collected as GST compensation cess of which over 69 thousand  crore rupees was released to the States and Union Territories as GST compensation.