PANAJI
Goa received Rs 30.49 crore from the Centre as part of the 18th weekly instalment to meet the shortfall in Goods and Services Tax (GST) compensation on Monday.
A total of Rs 838.38 crore has been received by Goa so far.
The Centre on Friday released a total of Rs 4,000 crore to States and Union Territories as 18th tranche through a special borrowing window setup to meet the shortfall in GST compensation.
Out of this, an amount of Rs 3,677.74 crore has been released to 23 States and an amount of Rs 322.26 crore has been released to the 3 Union Territories (UT) with Legislative Assembly (Delhi, Jammu and Kashmir and Puducherry) who are members of the GST Council.
The remaining five States, Arunachal Pradesh, Manipur, Mizoram, Nagaland and Sikkim do not have a gap in revenue on account of GST implementation.
Till now, 94 per cent of the total estimated GST compensation shortfall has been released to the States and UTs with Legislative Assembly. Out of this, an amount of Rs. 95,138.08 crore has been released to the States and an amount of Rs 8,861.92 crore has been released to the three UTs with a Legislative Assembly.
