States' GST compensation may need to be extended beyond 2022

States will need to be compensated for their revenue shortfall under goods and services tax (GST) even after 2022 — the sunset year for compensation under the law — because of slow revenue growth, a report commissioned by the  15th Finance Commission  (FC) has noted. It shows that states would require compensation of at least Rs 1.67 trillion in 2024-25, because none of them would be abl…