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Centre releases GST Compensation to States, UTs

New Delhi: The Central Government released GST Compensation to States and UTs on 24 November an amount of Rs. 17,000 crore towards the balance for the period April to June, 2022. The total amount of compensation released to the States and UTs so far, including the aforesaid amount, during the year 2022-23 is Rs.1,15,662 crore.

This is despite the fact that total Cess collection till October, 2022 is only Rs.72,147 crore and the balance of Rs. 43,515 crore is being released by the Centre from its own resources. With this release, the Centre has released, in advance, the entire amount of Cess estimated to be collected this year till March-end available for payment of compensation to States. This decision was taken to assist the States in managing their resources and ensuring that their programmes especially the expenditure on capital is carried out successfully during the financial year.

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Even in May this year, the Central Government had released Rs. 86,912 crore as provisional GST compensation to States for the period Feb-May’2022 despite the fact that there was only about Rs. 25,000 crore in the GST Compensation Fund, by making arrangement of funds of around Rs. 62,000 crore from its own resources.

GST Compensation to State-wise details as per Table below

Name of the State/UT(Rs. in crore)
Andhra Pradesh682
Assam192
Bihar91
Chhattisgarh500
Delhi1,200
Goa119
Gujarat856
Haryana622
Himachal Pradesh226
Jammu and Kashmir208
Jharkhand338
Karnataka1,915
Kerala773
Madhya Pradesh722
Maharashtra2,081
Odisha524
Puducherry73
Punjab984
Rajasthan806
Tamil Nadu1,188
Telangana542
Uttar Pradesh1,202
Uttarakhand342
West Bengal814
Total17,000

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