The Goods and Services Tax (Compensation to States) Act, 2017

Table of Contents

• Section 1 – Short title, extent 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 cess.
• Section 9 – Returns, payments and refunds.
• Section 10 – Crediting proceeds of cess to Fund.
• Section 11 – Other provisions relating to cess.
• Section 12 – Power to make rules.
• Section 13 – Laying of rules before Parliament.
• Section 14 – Power to remove difficulties.