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CREDITING PROCEEDS OF CESS TO GST COMPENSATION FUND

Section 10 - Draft-Bills-Reports - GST - Compensation to the States for Loss of Revenue - Draft - Goods and Services Tax (Compensation to the States for Loss of Revenue) Act, 2016 - [November 2016] - Section 10 - 10. (1) The proceeds of the GST Compe .....

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shall be paid from the Goods and Tax Compensation Fund. (3) Fifty percent of the amount remaining unutilized in the GST Compensation Fund at the end of the transition period shall be transferred to the Consolidated Fund of India, and shall be distrib .....

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