Central Government Released 14 Installments of GST Collection for FY 2022-23, FM Nirmala Sitharaman reassures Timely Compensation to States

The Ministry of Finance, under the Government of India, has released a comprehensive statement addressing Lok Sabha Starred Question No. 18

By Manu Sharma - On December 5, 2023 1:51 pm - 2 mins read

Central Government - Installments of GST - GST - GST Collection - Nirmala Sitharaman - Compensation to States - taxscan

The response sheds light on the Goods and Services Tax (GST) collection for the financial year 2022-23 and the distribution of shares to key states, including Bihar, Maharashtra, Jharkhand, West Bengal, and Jammu and Kashmir. The report reveals that a total of 14 installments of devolution to the States were released for the fiscal year…

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