July 27, 2020 10:20 PM

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Centre releases GST Compensation of over Rs. 1.65 lakh crores to States, UTs for 2019-20

The Central Government has released GST Compensation of Rs. 13,806 crore to States for March, 2020. <br />''<br />''Taking this amount into account, entire GST compensation for the previous financial year has been released to the states.<br />'' <br />''The total amount of compensation released for the year 2019-20 is Rs. 1,65,302 crore.<br />'' <br />''The amount of cess collected during the same time was Rs. 95,444 crore.<br />'' <br />''<span style="color: #222222;">Government utilized the balance of cess amount collected during 2017-18 and 2018-19 in order to release the compensation for 2019-20.</span><br />

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