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GST compensation: Oppn-ruled states claim Rs 55,000-cr underestimation

They have also sought an additional compensation of Rs 65,000 crore for FY21

Topics
GST compensation | Goods and Services Tax | GST Council

Dilasha Seth  |  New Delhi 



GST
The GST compensation requirement has been pegged at Rs 2.7 trillion for FY22, of which Rs 1.1 trillion is likely to be met through cess collection

Key Opposition-ruled states have strongly contested the Centre's (GST) shortfall estimation for FY22 and claimed an underestimation of at least Rs 55,000 crore in the projections.

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First Published: Sun, May 30 2021. 23:49 IST

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