Economy Explained: The issue of the GST compensation to states Updated : August 26, 2020 05:39 PM IST The GST Council is meeting on Thursday to discuss the issue of GST compensation to states. The Centre must pay this compensation on a bi-monthly basis. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.