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GST Compensation

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GST Compensation Cess: Analysing Compensation to States

Goods and Services Tax : Understand implications of extension of GST Compensation Cess period till 2026 and its impact on state revenues. Analyze distribut...

April 24, 2024 1677 Views 0 comment Print

49th GST Council Meeting: From Compensation Cess to Rate Rationalization

Goods and Services Tax : The 49th GST Council Meeting took decisions on GST Compensation, Taxation, and Special Composition Scheme. Read an overview of the...

February 20, 2023 7179 Views 0 comment Print

Extension of GST Compensation Cess levy till 31.03.2026

Goods and Services Tax : Government extends GST Compensation Cess levy till 31.03.2026. Learn about the implications and new rules in this important move....

June 25, 2022 2223 Views 0 comment Print

Changes in Compensation Cess Rate on supply of certain goods from 01.01.2022

Goods and Services Tax : Changes in Compensation Cess Rate Notification w.r.t. supply of certain goods from January 01, 2022 to align it with HS 2022 Backg...

December 30, 2021 2505 Views 0 comment Print

Industry Wise analysis of GST Rate Notifications applicable from 01.10.2021

Goods and Services Tax : INDUSTRY WISE ANALYSIS OF GST RATE NOTIFICATIONS APPLICABLE FROM 1ST OCTOBER 2021 Notification No. 06/2021 – Central Tax (Ra...

October 2, 2021 9876 Views 0 comment Print


Latest News


States requested for extension of payment of GST compensation Cess

Goods and Services Tax : Few States have requested for extension of payment of GST compensation beyond transition period of five years. As per Section 18 o...

December 22, 2022 1224 Views 0 comment Print

Details of GST Compensation released to States/UTs for a period of 5 years

Goods and Services Tax : GST compensation to States for loss of revenue arising on account of implementation of GST for a period of five years As per secti...

July 20, 2022 1503 Views 0 comment Print

Centre Clears Entire GST Compensation Due till 31ST May, 2022

Goods and Services Tax : Goods and Services Tax was introduced in the country w.e.f. 1st July, 2017 and States were assured for compensation for loss of a...

June 1, 2022 891 Views 0 comment Print

Status Note on GST compensation released to States/UTs

Goods and Services Tax : ₹ 2.78 lakh crore of compensation released to States for the year 2020-21 itself ; nothing is pending for the year Centre releas...

April 29, 2022 1080 Views 0 comment Print

No Discrepancies in payment of GST to States

Goods and Services Tax : Final GST Compensation due to States is calculated on the basis of the revenue figures certified by the Accountant General of the ...

April 7, 2022 1752 Views 0 comment Print


Latest Judiciary


Goods subject to nil Cess rate would be construed as exempt supplies to calculate adjusted total turnover

Goods and Services Tax : Goods which are subject to nil rate of cess would be construed as exempt supplies for purposes of formula prescribed Rule 89 (4) o...

June 23, 2022 897 Views 0 comment Print

GST Compensation Cess on Coal and Coal rejects

Goods and Services Tax : In re Parse Kente Collieries Limited (GST AAR Chhattisgarh) i. Compensation Cess is leviable on the total quantity of raw coal rai...

May 25, 2021 13998 Views 0 comment Print

Compliance of GST (Compensation to States) Act, 2017 is Not Mandatory

Goods and Services Tax : G. Sundarrajan Vs Union of India (Madras High Court) The issue under consideration is whether compliance of Goods and Services Tax...

October 28, 2020 1056 Views 0 comment Print


Latest Notifications


GST Compensation Cess Rate Changes in Tobacco Products & Pan Masala

Goods and Services Tax : CBIC notifies rate changes in Compensation Cess for Pan Masala and Tobacco Products as per 50th GST Council Meeting vide Notificat...

July 26, 2023 16875 Views 0 comment Print

Circular No. 16/2023-Customs: Pre-import Condition & Implications on IGST & Compensation Cess

Custom Duty : Analysis of Circular No. 16/2023 -Cus on Supreme Court's judgment on 'pre-import condition' and its implications on IGST & Compens...

June 7, 2023 5574 Views 0 comment Print

Changes in GST Compensation Cess Rate wef 01.04.2023

Goods and Services Tax : CBIC further amend notification No. 1/2017-Compensation Cess (Rate), dated 28th June, 2017 vide Notification No. 2/2023-Compensati...

March 31, 2023 33216 Views 1 comment Print

GST Compensation Cess: Section 163 of Finance Act 2023 applicable wef 01.04.2023

Goods and Services Tax : Central Government appoints 1st day of April, 2023, as the date on which provisions of section 163 of Finance Act, 2023 shall come...

March 31, 2023 6681 Views 0 comment Print

GST compensation cess rate on Coal rejects supplied to or by a coal washery

Goods and Services Tax : Coal rejects supplied to a coal washery or by a coal washery, arising out of coal on which compensation cess has been paid and inp...

February 28, 2023 3789 Views 0 comment Print


GST Compensation Cess levy extended till 31/03/2026

June 24, 2022 16053 Views 0 comment Print

As expected Govt extended GST Compensation Cess levy extended till 31/03/2026 which was coming to an end on 30th June 2022. Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022 | Notification No. 1/2022–Compensation Cess | Dated: 24th June, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 1/2022–Compensation […]

Goods subject to nil Cess rate would be construed as exempt supplies to calculate adjusted total turnover

June 23, 2022 897 Views 0 comment Print

Goods which are subject to nil rate of cess would be construed as exempt supplies for purposes of formula prescribed Rule 89 (4) of CGST Rules

Centre Clears Entire GST Compensation Due till 31ST May, 2022

June 1, 2022 891 Views 0 comment Print

Goods and Services Tax was introduced in the country w.e.f. 1st July, 2017 and States were assured for compensation for loss of any revenue arising on account of implementation of GST as per the provisions of the GST (Compensation to States) Act, 2017 for a period of five years.

Status Note on GST compensation released to States/UTs

April 29, 2022 1080 Views 0 comment Print

₹ 2.78 lakh crore of compensation released to States for the year 2020-21 itself ; nothing is pending for the year Centre released ₹ 7.35 lakh crore and compensation of ₹78,704 crore pending only for the year 2021-22 At the time of introduction of GST, the Constitution amendment provided that the Parliament, by law shall […]

No Discrepancies in payment of GST to States

April 7, 2022 1752 Views 0 comment Print

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.

Many State Govts requested for extension of GST compensation payment period

March 25, 2022 537 Views 0 comment Print

Whether the Government has received proposals from the State Governments requesting for extension of payment of Goods and Services Tax(GST) compensation to the States for another five years keeping in view the difficulties caused by Covid-19 Pandemic

State and year-wise details of GST compensation given from 2017

March 25, 2022 12177 Views 2 comments Print

As per Section 7 of the GST (Compensation to States) Act, 2017, the States are required to be compensated for loss of revenue due to implementation of GST (w.e.f. 01.07.2017) for 5 years’ period. During transition period, the States’ revenues are protected at 14% growth rate per annum over the base year revenue (2015-16). Accordingly, the States are being compensated for any shortfall against their protected revenue. The year-wise details of GST compensation released to States/ UTs is as per Annexure.

Changes in Compensation Cess Rate on supply of certain goods from 01.01.2022

December 30, 2021 2505 Views 0 comment Print

Changes in Compensation Cess Rate Notification w.r.t. supply of certain goods from January 01, 2022 to align it with HS 2022 Background: Earlier, the CBIC issued Notification No. 1/2017-Compensation Cess (Rate) dated June 28, 2017 (Compensation Cess Rate Notification) in order to notify the rate of GST compensation cess to be levied on the intra-State […]

Amendment in Rates of GST compensation cess wef 01.01.2022

December 28, 2021 9324 Views 0 comment Print

Amendment in Rates of GST compensation cess under GST (Compensation to States) Act, 2017 vide Notification No. 2/2021-Compensation Cess (Rate), Dated: 28.12.2021 by amending Notification No 1/2017- Compensation Cess (Rate) dated 28.06.2017. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 2/2021-Compensation Cess (Rate) G.S.R. 901(E).— In exercise of the powers […]

Notification No. 1/2021–GST Compensation, Dated: 16.12.2021

December 16, 2021 1329 Views 0 comment Print

In the Notification No. 1/2018 (Goods and Service Tax Compensation) dated 14th November, 2018 in the Table, under the heading Tamil Nadu, against serial number 99 in column (3), for the words, brackets and figures ‘Tamil Nadu Sugar Cane Cess (Validation) Act, 1963’ the words, figures and brackets ‘Tamil Nadu Sugar Factories Control Act, 1949 […]

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