Kerala receives Rs 26,501 crore as GST compensation

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Thrissur: Kerala has received Rs 26,501 crore as GST compensation from the union government. Kerala was expected to receive large amount as compensation being a consumer state but came in the fifth position. Maharashtra, Karnataka, Gujarat and Tamil Nadu came in the first four positions respectively. Although Kerala is a consumer state, the population is less compared to other states which led to fewer trades and low GST compensation amount.

Many states are seeking the extension of compensation for three more years that was given for five years since the introduction of GST.

Compensation amount (in crores)

State2017-2018 2018-20192019-20202020-20212021-20222022-2023 (Till May 31)

Maharashtra1488 (in Rs)833015018 17423 17423 14145
Karnataka62461075414497 13789 8976 8633
Gujarat36876149 10647 11335 8207 3364
Tamil Nadu6323151 8922 11142 6697 9602
Kerala17722884 5575 6721 3856 5693

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