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GST, COVID-19 Finance

Rs 36400 Cr as GST Compensation Released to States for COVID-19 Expense

"Taking stock of the current situation due to COVID-19 where state governments need to undertake expenditure while their resources are adversely hit, the central government has released the GST compensation of Rs 36,400 crore to the states/UTs with legislature for the period from December, 2019 t o February, 2020 today on 4th June, 2020," a finance ministry statement said.

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