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GST Compensation to States

August 11, 2018

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Government has compensated to the States/UTs for the reported revenue deficit on account of implementation of Goods and Services Tax (GST). As per provisions in Section 7 of the GST (Compensation to States) Act, 2017 loss of revenue to the States on account of implementation of Goods and Services Tax shall be payable during transition period and compensation payable to a State shall be provisionally calculated and released at the end of every two months during transition period of 5 years.

       As per Section 4 of the said Act, financial year 2015-16 has been taken as the base year for calculating compensation amount payable to States for loss of revenue during transition period. The projected nominal growth rate of revenue subsumed for a state during the transition period shall be 14% per annum.

       As per section 7(c) of the said Act, the total compensation payable in any financial year shall be difference between the projected revenue for any financial year and the actual revenue collected by a State. On this basis, the revenue loss due to implementation of GST to the states for the month of July, 2017 to March, 2018 and April to May, 2018 has been estimated to be ₹ 48178 crore (Annexure-I) and ₹ 3899 crore (Annexure-II) respectively and accordingly, States/UTs have been paid GST Compensation of ₹ 48178 crore for the period of July 2017 to March, 2018 and of ₹ 3899 crore for the period of April-May, 2018.

Annexure-I

Details of GST Compensation released to States/ UTs for FY 2017-18.

S. No.

 Name of State/UT

  

GST Compensate on released for July and Aug 2017 (Rs. In Crore)

 

GST compensation released for Sep and Oct 2017 (Rs. In Crore)

 

GST Compensation released for Nov and Dec 2017 (Rs. in Crore)

GST Compens ation released for Jan and Feb 2018 (Rs. in Crore)

GST Compens ation released for March 2018 (Rs. in Crore)

 

 

Total (Rs. In Crore)  

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

 

Andhra

 

 

 

 

 

 

1

Pradesh

116

266

0

0

0

382

2

Arunachal

 

 

 

 

 

 

Pradesh

15

0

0

0

0

15

 

3

Assam

338

331

15

202

94

980

4

Bihar

692

1054

373

922

99

3140

5

Chhattisgarh

253

562

219

449

106

1589

6

Delhi

115

42

0

0

169

326

7

Goa

68

35

99

50

29

281

8

Gujarat

1402

880

252

1153

590

4277

9

Haryana

476

325

0

398

262

1461

 

Himachal

 

 

 

 

 

 

10

Pradesh

0

0

539

336

184

1059

11

J & K

367

314

127

329

23

1160

12

Jharkhand

313

489

94

369

103

1368

13

Karnataka

1189

2082

859

2116

1289

7535

14

Kerala

810

395

0

567

330

2102

 

Madhya

 

 

 

 

 

 

15

Pradesh

433

908

0

1170

157

2668

16

Maharashtra

0

834

0

654

1589

3077

17

Manipur

24

0

0

0

0

24

18

Meghalaya

52

38

20

14

16

140

19

Mizoram

0

0

0

0

0

0

20

Nagaland

0

0

0

0

0

0

21

Odisha

333

687

306

693

245

2264

22

Puducherry

44

122

58

109

52

385

23

Punjab

1138

960

740

1199

581

4618

24

Rajasthan

1205

706

0

687

301

2899

25

Sikkim

0

0

0

6

0

6

26

Tamil Nadu

530

102

0

0

0

632

27

Telangana

7

162

0

0

0

169

28

Tripura

31

43

14

41

20

149

29

Uttar Pradesh

190

1330

0

604

308

2432

30

Uttarakhand

223

460

183

417

149

1432

31

West Bengal

441

567

0

600

0

1608

 

Total

10805

13694

3898

13085

6696

48178

 Annexure-II

Details of GST Compensation released to States/UTs for FY 2018-19

 S. No.

 

 Name of State/UT

 

GST compensation released for April- May, 2018 (Rs. In Crore) 

(1)

(2)

(3)

1

Andhra Pradesh

0

2

Arunachal Pradesh

0

3

Assam

0

4

Bihar

325

5

Chhattisgarh

257

6

Delhi

0

7

Goa

28

8

Gujarat

174

9

Haryana

0

10

Himachal Pradesh

225

11

J & K

147

12

Jharkhand

76

13

Karnataka

792

14

Kerala

67

15

Madhya Pradesh

130

16

Maharashtra

0

17

Manipur

0

18

Meghalaya

0

19

Mizoram

0

20

Nagaland

0

21

Odisha

282

22

Puducherry

79

23

Punjab

944

24

Rajasthan

106

25

Sikkim

0

26

Tamil Nadu

0

27

Telangana

0

28

Tripura

2

29

Uttar Pradesh

0

30

Uttarakhand

265

31

West Bengal

0

 

Total

3899

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in a Written reply to a question in Lok Sabha.

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