Team Herald
PANJIM: The Central government has released Goods and Services Tax (GST) compensation of Rs 163.3757 crore to the State of Goa, on Wednesday.
The Finance Ministry added that the total amount of compensation released to the States/UTs so far including the aforesaid amount during the year 2021-22 is Rs 60,000 crore.
“As per the decision of GST Council, back to back loan of Rs1.59 lakh crore has already been released in lieu of shortfall in release of GST compensation during the current financial year,” said the Ministry.
