Finance Dealing with GST compensation shortfall not alone centre's responsibility Updated : August 27, 2020 10:36 AM IST The GST compensation cess for FY21 is seen at Rs 26,000 crore per month in view of the unprecedented COVID-19 situation prevailing in the country. The total amount of compensation released by the government for the year 2019-20 is Rs 1,65,302 crore whereas the amount of cess collected during the year 2019-20 was Rs 95,444 crore. 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.