Centre to pay RS 20,000 cr pending GST compensation to states.
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| GST |
Amid the coronavirus outbreak, the finance ministry may release pending Rs 20,000 crore goods and services tax (GST) compensation to states, according to a report by the Business Standard.
"The revenue department has been authorised to clear Rs 20,000 crore in GST compensation dues to states," a government official told the publication.
The move comes shortly after the finance ministry released Rs 17,287 crore to states on April 3. The amount was granted as devolution and disaster relief funds.
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