GST Council Establishes GoM on Compensation Cess

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  GST Compensation: The Centre will release ₹30,000 crore as GST compensation to States this month, from the compensation cess collections during the year. The pending compensation dues to States for…

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  GST Compensation: The Ministry of Finance has released ₹44,000 crore to the States and UTs with Legislature under the back-to-back loan facility in lieu of GST Compensation. After taking into…

• 49th Meeting Of GST Council

  49th Meeting Of GST Council: The 49th meeting of the council was recently chaired by Finance Minister Smt Nirmala Sitaraman. Outstanding GST cess dues to the states were cleared. Highlights:…