Section 6
PROJECTED REVENUE FOR ANY YEAR
Bills
GST – Compensation to the States for Loss of Revenue
Section 6 of Draft – Goods and Services Tax (Compensation to the States for Loss of Revenue) Act, 2016 – [November 2016]
6. PROJECTED REVENUE FOR ANY YEAR
The projected revenue for any year in a State shall be calculated by applying the projected growth rate over the base year revenue of that State.
Illustration: If the base year revenue for 2015-16 for a concerned State, calcu
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =