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The Goods and Services Tax (Compensation to States) Act, 2017

Central · 2017

  • S. 1Short title, extent and commencement.
  • S. 2Definitions.
  • S. 3Projected growth rate.
  • S. 4Base year.
  • S. 5Base year revenue.
  • S. 6Projected revenue for any year.
  • S. 7Calculation and release of compensation.
  • S. 8Levy and collection of cess.
  • S. 8APower not to recover cess not levied or short levied as a result of general practice.
  • S. 9Returns, payments and refunds.
  • S. 10Crediting proceeds of cess to Fund.
  • S. 11Other provisions relating to cess.
  • S. 12Power to make rules.
  • S. 13Laying of rules before Parliament.
  • S. 14Power to remove difficulties.
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