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Incentivizing States Under GST Regime

Dated:- 5-5-2015 - As tax rates during Goods and Services Tax (GST) regime will be closely aligned to the Revenue Neutral Rates (RNR) of the Centre and the States, the revenues of the Central and State Governments will not be impacted in the long run .....

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tional tax of goods, not exceeding one per cent in the course of inter-state trade or commerce to be collected by the Government of India for a period of two years, and assigned to the States from where the supply originates; Compensation to the Sta .....

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