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Covid-hit states urge quick release Rs 20,000 cr IGST dues from Centre

They argue that while Centre recently released Rs 36,400 crore in pending IGST dues in lieu of compensation for December, Jan and Feb, more remained to be given to them

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Of that, while Rs 36400 crore was paid in lieu of compensation money earlier this month to states, Rs 20,000 crore of dues still remain unsettled.

Dilasha Seth New Delhi

4 min read Last Updated : Jun 15 2020 | 10:25 PM IST

With revenues being hit hard by the lockdown, the states have asked the Centre to expeditiously disburse the remaining Rs 20,000 crore of unsettled integrated goods and services tax (IGST) dues from 2017-18. The matter was deliberated during the 40th GST Council meeting on Friday and was referred to the group of ministers (GoM) led by Bihar deputy chief minister Sushil Kumar Modi.

The states argued that while the Centre recently released Rs 36,400 crore worth of pending IGST dues in lieu of compensation for December, January and February, more remained to be given to them. Generally, compensation is paid

Topics : Coronavirus Goods and Services Tax IGST Economic slowdown

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