https://www.taxtmi.com/news?id=25447 The Centre released the entire GST compensation payable to States up to 31 May 2022 totalling Rs.86,912 crore, partly from the Compensation Fund and partly from central resources pending cess collection. The disbursement covers dues for April-May 2022, February-March 2022 and the balance up to January 2022, with only June 2022 remaining; a state-wise break-up is provided. The transfers implement the compensation guarantee under the GST (Compensation to States) Act, 2017, and follow earlier back-to-back loans to address cess shortfalls. en-us Tue, 31 May 2022 17:20:33 +0530 Tue, 31 May 2022 17:20:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25447 The Centre released the entire GST compensation payable to States up to 31 May 2022 totalling Rs.86,912 crore, partly from the Compensation Fund and partly from central resources pending cess collection. The disbursement covers dues for April-May 2022, February-March 2022 and the balance up to January 2022, with only June 2022 remaining; a state-wise break-up is provided. The transfers implement the compensation guarantee under the GST (Compensation to States) Act, 2017, and follow earlier back-to-back loans to address cess shortfalls. News - Tue, 31 May 2022 17:20:33 +0530 https://www.taxtmi.com/news?id=25447