Centre owes Kerala ₹4,395 cr. in total as GST compensation for two years, Finance Minister K. N. Balagopal tells Kerala Assembly
The Hindu
Kerala is owed ₹1,473.34 crore as balance amount in the compensation payment for the 2020-21 fiscal and ₹2,921.84 crore for the 2021-22 fiscal (upto August), the Finance Minister says in a written reply to the Kerala Asssembly
The Centre owes Kerala a sizeable amount by way of Goods and Services Tax (GST) compensation, Finance Minister K. N. Balagopal informed the Assembly on Tuesday.
The State is owed ₹1,473.34 crore as balance amount in the compensation payment for the 2020-21 fiscal and ₹2,921.84 crore for the 2021-22 fiscal (upto August), the Finance Minister said in a written reply to the House.
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