GST Deadlock Continues, Centre Says Will Release Rs. 20,000 Crore Tonight | Read

PUBLISHED ON: October 5, 2020 | Duration: 1 min, 39 sec

  
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GST compensation due to state governments for this year - around Rs. 20,000 crore - will be released tonight, Finance Minister Nirmala Sitharaman said Monday after a marathon meeting of the 42nd GST Council. The Council, however, failed to provide a consensus on mode of repayment of total compensation - around Rs. 97,000 crore (rising to Rs. 2.35 lakh crore including Covid-related relief). A decision on this matter has been deferred till the next meeting on October 12.
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