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GST Compensation

GST Compensation to States likely to get a Five-Year Extension

Taxscan Team

Witnessing a sharp decline in the GST revenue due to the pandemic and the following lockdown and disruptions in economic activities across the...

Centre Releases Rs.36,400 Crore as GST Compensation to States

Net Indirect Tax Collection for April-November is Rs. 6,12,653.47 crore

GST Revenue Collection in November crosses Ninety-Seven Thousand Crore Rupees

GST: Maharashtra hikes Compensation to Local Bodies

Low GST Revenue: Govt makes Strategy, Entrusts States to Identify Issues

Dissatisfied by the low revenue figures under the GST regime, the Central Government is planning to make strategies and entrusted the State to identify the issues with a view to boost the revenue. ...

GST Compensation worth Rs. 52077 cr paid to States and UTs, says Shiv Pratap Shukla

The Government has paid GST Compensation to the States/UTs for the reported revenue deficit on account of implementation of Goods and Services Tax (GST). As per provisions in Section 7 of the GST...

Govt reveals Amount of GST Compensation Paid to States till Feb 2018

The Central Government has revealed Amount of GST Compensation Paid to States till February 2018. The Government is providing claims to the States under GST. As per provisions in Section 7 of the GST...

President clears GST (Compensation to States) Amendment Act, 2017 [Read Act]

As the President gave assent to the GST (Compensation to States) Amendment Bill, 2017, the parliament has, now enacted the Act enabling an increase in the Goods and Services Tax (GST) cess on motor...

GST: Centre releases Rs 8,698 crore as Compensation to States

Post-implementation of the Goods and Services Tax (GST) laws which aims at “One nation, One Tax, One Market,” the Central Government has reportedly released Rs 8,698 crore to States to compensate them...