Centre releases GST compensation as well as IGST ad-hoc settlement to the States/UTs
- Centre releases Rs. 30,000 crore as GST Compensation as well as Rs. 28,000 crore as IGST ad-hoc settlement to the States/UTs
As per the decision of GST Council, back to back loan of Rs. 1,10,208 crore has also been released in lieu of shortfall in release of GST Compensation for FY 2020-21. In addition to above, Centre has also released Rs. 28,000 crore (Rs. 14,000 crore to States and Rs. 14,000 crore to Centre) by way of adhoc settlement of IGST on 30th March’ 2021.
Taking into account the release of GST Compensation, back to back loan and adhoc IGST settlement, balance of only Rs. 63,000 crore approx. GST Compensation is pending to States/UTs for FY 2020-21.
The tables below show the State-wise GST compensation/ IGST Settlement released for the Financial Year 2020-21: -
| Sl No. | Name of State/UT | GST compensation released on 27th March, 2021 (Rs. in crore) |
| 1 | Andhra Pradesh | 742.4966 |
| 2 | Assam | 307.9853 |
| 3 | Bihar | 818.4947 |
| 4 | Chhattisgarh | 635.2455 |
| 5 | Delhi | 1748.0955 |
| 6 | Goa | 245.6173 |
| 7 | Gujarat | 2574.1625 |
| 8 | Haryana | 1020.4681 |
| 9 | Himachal Pradesh | 338.4121 |
| 10 | J & K | 418.6783 |
| 11 | Jharkhand | 461.3584 |
| 12 | Karnataka | 2970.1239 |
| 13 | Kerala | 1378.1551 |
| 14 | Madhya Pradesh | 1107.8935 |
| 15 | Maharashtra | 4446.3056 |
| 16 | Meghalaya | 41.9917 |
| 17 | Odisha | 785.8651 |
| 18 | Puducherry | 140.0184 |
| 19 | Punjab | 1707.4805 |
| 20 | Rajasthan | 1176.0441 |
| 21 | Sikkim | 3.7173 |
| 22 | Tamil Nadu | 2192.9325 |
| 23 | Telangana | 770.5828 |
| 24 | Tripura | 47.2235 |
| 25 | Uttar Pradesh | 2094.4929 |
| 26 | Uttarakhand | 516.9803 |
| 27 | West Bengal | 1309.1785 |
| Total | 30000 |
| State Code | Name of the State / UT | Adhoc IGST Settlement released on 30th March, 2021 (Rs. in crore ) |
| 1 | Jammu and Kashmir | 167 |
| 2 | Himachal Pradesh | 127 |
| 3 | Punjab | 523 |
| 4 | Chandigarh | 40 |
| 5 | Uttarakhand | 173 |
| 6 | Haryana | 532 |
| 7 | Delhi | 587 |
| 8 | Rajasthan | 600 |
| 9 | Uttar Pradesh | 1167 |
| 10 | Bihar | 441 |
| 11 | Sikkim | 9 |
| 12 | Arunachal Pradesh | 9 |
| 13 | Nagaland | 9 |
| 14 | Manipur | 12 |
| 15 | Mizoram | 7 |
| 16 | Tripura | 28 |
| 17 | Meghalaya | 22 |
| 18 | Assam | 209 |
| 19 | West Bengal | 703 |
| 20 | Jharkhand | 224 |
| 21 | Odisha | 386 |
| 22 | Chhattisgarh | 257 |
| 23 | Madhya Pradesh | 536 |
| 24 | Gujarat | 1009 |
| 25 | Daman and Diu | 23 |
| 26 | Dadra and Nagar Haveli | 27 |
| 27 | Maharashtra | 2115 |
| 29 | Karnataka | 1263 |
| 30 | Goa | 76 |
| 32 | Kerala | 588 |
| 33 | Tamil Nadu | 1041 |
| 34 | Puducherry | 38 |
| 35 | Andaman & Nicobar Is. | 4 |
| 36 | Telangana | 563 |
| 37 | Andhra Pradesh | 485 |
| Total | 14,000 |