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Home Acts & Rules Goods and Services Tax Draft-Bills-Reports Draft - Goods and Services Tax (Compensation to the States for Loss of Revenue) Act, 2016 - [November 2016] This

Draft - Goods and Services Tax (Compensation to the States for Loss of Revenue) Act, 2016 - [November 2016]

Section 1 : SHORT TILE AND COMMENCEMENT
Section 2 : DEFINITIONS
Section 3 : PROJECTED GROWTH RATE
Section 4 : BASE YEAR
Section 5 : BASE YEAR REVENUE
Section 6 : PROJECTED REVENUE FOR ANY YEAR
Section 7 : CALCULATION AND RELEASE OF COMPENSATION
Section 8 : LEVY AND COLLECTION OF GST COMPENSATION CESS
Section 9 : RETURNS, PAYMENTS AND REFUNDS
Section 10 : CREDITING PROCEEDS OF CESS TO GST COMPENSATION FUND
Section 11 : OTHER PROVISIONS RELATING TO CESS
 
 
 
 
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