TIL Desk/Business/Mumbai/ Not only opposition-ruled states but other states also have not been paid GST compensation for the last four months since August this year. Speaking in the Rajya Sabha, Finance Minister Nirmala Sitharaman admitted the delay but said that the Centre had released more than what it collected as cess in the current financial year 2019-20 till October-end.
“Till October 31 the Government of India has released Rs 9,783 crore more than the amount raised through cess,” the Minister said. She, however, said that government was committed to honour and give compensation to the states.
Replying
to the members on the Appropriation (No. 3) Bill, 2019 for making supplementary
expenditure, Sitharaman said that a total of Rs 55,467 crore had been collected
as cess while Rs 65,250 crore was released to the states. Several state finance
ministers had earlier expressed concerns over delay in compensation delays for
the months of August and September forcing them to resort to ways and means or
even overdraft.
