Releasing of GST Compensation to States
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....eleasing of GST Compensation to States <br>GST<br>Dated:- 24-3-2017<br><BR>Pending introduction of GST in the Country, Union Cabinet in its meeting held on 17.03.2015, decided for payment of 100% CST ....
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....compensation to the States/UTs for year 2010-11, 75% CST compensation for year 2011-12 and 50% CST Compensation for year 2012-13 to be worked out as per guideline dated 22.08.2008. Accordingly, full C....
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....ST compensation for year 2010-11 and 2011-12 has been released to the States during FY 2014-15 & 2015-16. ₹ 11709.4 cr. CST compensation is admissible to States/UTs for year 2012-13. Out of whic....
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....h 1st installment of CST compensation amount ₹ 5854.73 cr. has been released to the States/UTs in July, 2016. Balance amount of ₹ 5854.69 cr. CST compensation for year 2012-13 is proposed ....
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....to be released during current FY. This is the final payment of CST compensation to the States/UTs. This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in writt....
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....en reply to a question in Lok Sabha today.<BR> News - Press release - PIB....


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