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        Case ID :

        Centre releases ₹ 17,000 crore as GST Compensation to States/UTs

        November 3, 2021

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        The Central Government has released GST Compensation of ₹ 17,000 crore to States today. The total amount of compensation released to the States/UTs so far including the aforesaid amount during the year 2021-22 is ₹ 60,000 crore. As per the decision of GST Council, back to back loan of ₹ 1.59 lakh crore has already been released in lieu of shortfall in release of GST Compensation during the current financial year

        The table below shows the State-wise GST compensation released to States/UTs on 3rd November  2021:

        Details of GST compensation released on 3rd Nov, 2021

        S.No.

        Name of State/ UT

        GST compensation released (in crore)

        1

        Andhra Pradesh

        542.9916

        2

        Arunachal Pradesh

        0.0000

        3

        Assam

        159.5647

        4

        Bihar

        342.3264

        5

        Chhattisgarh

        274.0722

        6

        Delhi

        1155.0933

        7

        Goa

        163.3757

        8

        Gujarat

        1428.4106

        9

        Haryana

        518.1179

        10

        Himachal Pradesh

        177.6906

        11

        J & K

        168.4108

        12

        Jharkhand

        264.4602

        13

        Karnataka

        1602.6152

        14

        Kerala

        673.8487

        15

        Madhya Pradesh

        542.1483

        16

        Maharashtra

        3053.5959

        17

        Manipur

        0.0000

        18

        Meghalaya

        27.7820

        19

        Mizoram

        0.0000

        20

        Nagaland

        0.0000

        21

        Odisha

        286.0111

        22

        Puducherry

        61.0883

        23

        Punjab

        834.8292

        24

        Rajasthan

        653.4479

        25

        Sikkim

        0.3053

        26

        Tamil Nadu

        1314.4277

        27

        Telangana

        279.1866

        28

        Tripura

        16.9261

        29

        Uttar Pradesh

        1417.1820

        30

        Uttarakhand

        270.2722

        31

        West Bengal

        771.8195

         

        Total

        17000.00

         

        GST compensation released to states, with central disbursement complemented by prior back to back loans to address shortfalls. Central Government released additional GST Compensation of Rs. 17,000 crore on 3 November 2021, bringing total compensation disbursed in 2021 22 to Rs. 60,000 crore. The release follows GST Council decisions and is accompanied by back to back loans of Rs. 1.59 lakh crore issued in lieu of compensation shortfalls during the current financial year. A state wise schedule of allocations for the Rs. 17,000 crore tranche is provided.
                          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.

                                GST compensation released to states, with central disbursement complemented by prior back to back loans to address shortfalls.

                                Central Government released additional GST Compensation of Rs. 17,000 crore on 3 November 2021, bringing total compensation disbursed in 2021 22 to Rs. 60,000 crore. The release follows GST Council decisions and is accompanied by back to back loans of Rs. 1.59 lakh crore issued in lieu of compensation shortfalls during the current financial year. A state wise schedule of allocations for the Rs. 17,000 crore tranche is provided.





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                                ActsIncome Tax
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