Government. GST dues of ₹ 44,000 crore released

Government.  GST dues of ₹ 44,000 crore released

The Finance Ministry said on Tuesday that Rs 44,000 crore dues related to GST have been released to states and union territories.

On 27 March, ₹ 30,000 crore as GST compensation to the states, while ₹ 14,000 crore was removed as an ad hoc settlement of IGST on Tuesday.

Total GST compensation released so far for FY21. 70,000 crores. As per the decision of the GST Council, the Center arranged a special lending window to raise ₹ 1.1 lakh crore to meet the shortfall of compensation.

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