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        Case ID :
        Income Tax

        Settlement of Outstanding CST Claim

        July 21, 2015

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        The Central Government has made provisions in the budget for the year 2014-15 towards the Central Sales Tax (CST) compensation. Government has released ₹ 10724.08 crore to the States/UTs towards balance of CST compensation for 2010-11

        Outstanding CST claim of the States for 2011-12 and 2012-13 are likely to be released in Financial Year 2015-16 and 2016-17 respectively.

         This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.

        Central Sales Tax compensation: government released funds for prior year and will release outstanding claims in upcoming fiscal years. Provision for Central Sales Tax (CST) compensation: the Central Government allocated funds in the 2014-15 budget and released Rs. 10724.08 crore to States/UTs towards the balance for 2010-11; outstanding State claims for 2011-12 and 2012-13 are likely to be released in financial years 2015-16 and 2016-17 respectively.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Central Sales Tax compensation: government released funds for prior year and will release outstanding claims in upcoming fiscal years.

                                Provision for Central Sales Tax (CST) compensation: the Central Government allocated funds in the 2014-15 budget and released Rs. 10724.08 crore to States/UTs towards the balance for 2010-11; outstanding State claims for 2011-12 and 2012-13 are likely to be released in financial years 2015-16 and 2016-17 respectively.


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