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The Goods and Services Tax (Compensation to States) Act

An Act to provide for compensation to the States for the loss of revenue arising on account of implementation of the goods and services tax in pursuance of the provisions of the Constitution (One Hundred and First Amendment) Act, 2016.
2017
List of Chapters & Sections

  1. All sections

  2. 1
     Short title, extent and commencement
  3. 2
     Definitions
  4. 3
     Projected growth rate
  5. 4
     Base year
  6. 5
     Base year revenue
  7. 6
     Projected revenue for any year
  8. 7
     Calculation and release of compensation
  9. 8
     Levy and collection of cess
  10. 9
     Returns, payments and refunds
  11. 10
     Crediting proceeds of cess to Fund
  12. 11
     Other provisions relating to cess
  13. 12
     Power to make rules
  14. 13
     Laying of rules before Parliament
  15. 14
     Power to remove difficulties