The central government released Rs 35,298 crore today as GST compensation to states and union territories, the Central Board of Indirect Taxes and Customs said. The GST Council is expected to take into consideration the broadening of the tax base and resource mobilisation when it meets on December 18. It is also expected to deliberate on an alternate mechanism for the compensation cess, while also looking at ways to boost revenue from indirect taxes.

The central government released Rs 35,298 crore today as GST compensation to states and union territories, the Central Board of Indirect Taxes and Customs said. The GST Council is expected to take into consideration the broadening of the tax base and resource mobilisation when it meets on December 18. It is also expected to deliberate on an alternate mechanism for the compensation cess, while also looking at ways to boost revenue from indirect taxes.