The GOODS AND SERVICES TAX (COMPENSATION TO STATES) ACT, 2017 Last updated 16-3-2020

Sections

Section 1 — Short title, extent and commencement.

(1) This Act may be called the Goods and Services Tax (Compensation to States) Act, 2017.

(2) It extends to the whole of India.

(3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Browse all 15 sections
  1. 1.Short title, extent and commencement.
  2. 2.Definitions.
  3. 3.Projected growth rate.
  4. 4.Base year.
  5. 5.Base year revenue.
  6. 6.Projected revenue for any year.
  7. 7.Calculation and release of compensation.
  8. 8.Levy and collection of cess.
  9. 9.Returns, payments and refunds.
  10. 10.Crediting proceeds of cess to Fund.
  11. 11.Other provisions relating to cess.
  12. 12.Power to make rules.
  13. 13.Laying of rules before Parliament.
  14. 14.Power to remove difficulties.
  15. SCH-THE SCHEDULE.THE SCHEDULE