Centre releases Rs 35,000 cr GST compensation to states

NEW DELHI: Ahead of the crucial GST Council meeting, the Centre on Monday released about Rs 35,000 crore to states and Union Territories as pending compensation.

The GST Council, the highest decision making body of the indirect tax regime, is slated to hold its meeting on December 18.

“The Central Government has released GST compensation of Rs 35,298 crore to States and Union Territories today,” Central Board of Indirect Taxes and Customs (CBIC) said in a tweet.  (AGENCIES)

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