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Govt releases Rs 36,400 Crore as GST compensation to States and UTs

Govt releases Rs 36,400 Crore as GST compensation to States/UTs. This is the second tranche of payment within 15 days. Including this payment, above Rs 1.50 lakh crore has been released for the FY 2019-20. Compensation for the entire FY 2019-20 is now completed. In FY1, 8 a total GST compensation cess of ₹62,611 crore was collected.

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