Home Finance News Centre clears entire GST compensation dues till date, releases Rs 86,912 crore to states

Centre clears entire GST compensation dues till date, releases Rs 86,912 crore to states

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The Centre has cleared the entire GST compensation payable till date by releasing Rs 86,912 crore to states, the finance ministry said on Tuesday. Of this, Rs 25,000 crore is released from the GST compensation fund and the balance Rs 61,912 crore is being released by the Centre from its own resources pending collection of cess.

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