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

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Section 3 - PROJECTED GROWTH RATE - Draft - Goods and Services Tax (Compensation to the States for Loss of Revenue) Act, 2016 - [November 2016]

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

Contents

3. PROJECTED GROWTH RATE

The projected nominal growth rate of revenue subsumed for a State during the transition period shall be 14% per annum.

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