Balance claim of States under GST

Balance claim of States under GST
GST
Dated:- 28-3-2018

The Government is providing claims to the States under GST. As per provisions in Section 7 of the GST (Compensation to States) Act, 2017 loss of revenue to the States shall be calculated and compensation for loss of revenue to the State shall be provisionally calculated and released at the end of every two months' period. As per Section 4 of the said Act, financial year 2015-16 has been taken as the base year for calculating c

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