Parliament proceedings | GST compensation of ₹17,176 crore pending to States as on June: Govt.
The Hindu
Minister of State for Finance Pankaj Chaudhary said the Centre is giving GST compensation to States for five years
The government on December 20 informed Rajya Sabha that GST compensation of ₹17,176 crore is pending to States as on June 2022.
Replying to supplementaries during the Question Hour, Minister of State for Finance Pankaj Chaudhary said the Centre is giving GST compensation to States for five years.
He said even during COVID-19 times when no GST was collected, the Government of India had given compensation to States after taking loans of ₹1.1 lakh crore and ₹1.59 lakh crore during 2020-21 and 2021-22.
"A total of only ₹17,176 crore GST compensation is pending as on June 2022," the Minister told the house.
Replying to other queries, Finance Minister Nirmala Sitharaman said, "As of now, since we have somewhat cleared all the dues up to June, and about ₹17,000 crores pending is to be given."
"Details of GST compensation pending for June 2022 for Tamil Nadu is ₹1,200.6148 crores only. Utilisation certificate from a state has not been reached, that cannot be treated as pending one," she told the House.
Responding to another query, she said in 2022-23, education has received more than one lakh crore, and the sector has been given higher priority. She also told the House that she and her junior minister were willing to answer any question asked by members, but said "in the process of asking questions, there are panchayats".
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