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New Delhi: Union Finance minister Nirmala Sitharaman said the government will clear the entire GST compensation dues to the tune of Rs 16,982 crore as decided at the 49th GST Council meeting on Saturday.
“As of May 31, we cleared all the dues. There was something left in the name of dues for June. Even that is getting cleared,” Nirmala Sitharaman said.
The Union Minister said the amount is not available in the compensation fund as of today, but the government will clear the entire dues of the pending balance of the GST compensation from its own pocket.
The 49th GST Council meeting took following decisions today:
Centre will also clear the admissible final GST Compensation to those states who've provided revenue figures certified by the Accountant General which amounts to Rs 16,524 crores.
— NSitharamanOffice (@nsitharamanoffc) February 18, 2023
- Smt @nsitharaman. pic.twitter.com/p7iAuRUMSc
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