(a) the details of Goods and Services Tax(GST) arrears payable to the States including Jharkhand, Bihar and Maharashtra during the last three years, State/year-wise;
(b) whether any discrepancies have been found in the arrears of GST payable to the States and the amount actually paid to them; and
(c) if so, the details thereof along with the reasons therefor?
THE MINISTER OF STATE IN MINISTRY OF FINANCE
(SHRI PANKAJ CHAUDHARY)
(a):- As per Section 7(2) of the Goods and Services Tax (Compensation to States) Act, 2017, the compensation payable to a State shall be provisionally calculated and released at the end of every two months period, and shall be finally calculated for every financial year after the receipt of final revenue figures, as audited by the Comptroller and Auditor-General of India.
Taking into account back to back loan amount of Rs.1.10 lakh crore released to States in FY 2020-21 in lieu of GST compensation, entire admissible provisional GST compensation has already been released to the States for the financial years 2017-18, 2018-19, 2019-20 and 2020-21. The economic impact of the pandemic has led to higher compensation requirement due to lower GST collection and at the same time lower collection of GST compensation cess. Accordingly, Centre borrowed Rs.1.59 lakh crore through special window and released as back to back loan to States to meet the compensation shortfall in the FY 2021-22.
Further, after taking into account the GST compensation released from Compensation Fund as well as back-to-back loan released in FY 2021-22, details of provisional GST compensation pending to States for period April, 2021 to January, 2022 is as per Annexure.
Centre is committed to release full GST Compensation to the States/UTs as per GST (Compensation to States) Act, 2017 for the transition period by extending the levy of Compensation cess beyond 5 years to meet the GST revenue shortfall as well as servicing the loan borrowed through special window scheme.
Apportionment of IGST to States and payment of States’ share in CGST has been fully done.
(b) to (c):-No Sir. Final GST Compensation due to States is calculated on the basis of the revenue figures certified by the Accountant General of the concerned State. Many States including Jharkhand, Bihar and Maharashtra have not submitted the AG’s certified revenue figures since implementation of GST and therefore, Centre released only provisional admissible GST compensation to the States who have not submitted the AG’s certified revenue figures.
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Annexure
Details of GST compensation released/pending for FY 2021-22
(in Rs. Crore)
S. No. Name of State/UT GST compensation released during the FY 2021-22 Back to back loan released in FY 2021-22 Provisional GST compensation yet to be released for FY 2021-22
(1) (2) (3) (4) (5)
1 Andhra Pradesh 3117 3272 1524
2 Arunachal Pradesh 0 0 0
3 Assam 1014 1774 549
4 Bihar 1945 6816 439
5 Chhattisgarh 1217 4965 722
6 Delhi 6446 6193 5461
7 Goa 911 847 832
8 Gujarat 8207 13040 1062
9 Haryana 2909 7394 0
10 Himachal Pradesh 1168 2695 109
11 J & K 893 3845 0
12 Jharkhand 1526 2484 1268
13 Karnataka 8976 18109 3914
14 Kerala 3856 8739 2629
15 Madhya Pradesh 3095 7011 2199
16 Maharashtra 17834 13782 11563
17 Manipur 0 0 0
18 Meghalaya 163 141 98
19 Mizoram 0 0 0
20 Nagaland 0 0 0
21 Odisha 2465 6430 0
22 Puducherry 329 1096 120
23 Punjab 4442 12132 1500
24 Rajasthan 3746 7268 625
25 Sikkim 9 0 0
26 Tamil Nadu 6697 8095 6672
27 Telangana 2006 4569 308
28 Tripura 101 401 0
29 Uttar Pradesh 8299 8140 6954
30 Uttarakhand 1475 3333 708
31 West Bengal 4531 6425 4231
Total 97379 159000 53489