Centre Released 1,65,302 Crore as GST Compensation to States/UTs for the FY 2019-20 against cess collection of 95,444 crore https://www.taxtmi.com/news?id=22991 Centre released GST compensation totalling Rs. 1,65,302 crore for FY 2019 20 despite cess collections of Rs. 95,444 crore, by utilising unspent cess balances from 2017 18 and 2018 19 and transferring Rs. 33,412 crore from the Consolidated Fund to the Compensation Fund to apportion residual IGST, with a March 2020 release completing payments up to 2019 20. en-us Mon, 27 Jul 2020 17:54:35 +0530 Mon, 27 Jul 2020 17:54:35 +0530 TaxTMI RSS Generator Centre Released 1,65,302 Crore as GST Compensation to States/UTs for the FY 2019-20 against cess collection of 95,444 crore https://www.taxtmi.com/news?id=22991 Centre released GST compensation totalling Rs. 1,65,302 crore for FY 2019 20 despite cess collections of Rs. 95,444 crore, by utilising unspent cess balances from 2017 18 and 2018 19 and transferring Rs. 33,412 crore from the Consolidated Fund to the Compensation Fund to apportion residual IGST, with a March 2020 release completing payments up to 2019 20. News - Mon, 27 Jul 2020 17:54:35 +0530 https://www.taxtmi.com/news?id=22991