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Govt to disburse GST compensation cess of Rs 20,000 cr to states: FM Sitharaman

This year’s compensation cess collected amounting to Rs 20,000 crores will be disbursed to the States tonight, Finance Minister Nirmala Sitharaman said on Monday after the 42nd GST Council meeting. She said Rs 24,000 crores of IGST to be released to the States that had received less earlier, will be disbursed by the end of next week.

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