Compensation to States for loss of revenue on account of introduction of goods and services tax.

Section 18 – Amendment Acts – The Constitution (One Hundred and First Amendment) Act, 2016 – Constitution (One Hundred and First Amendment) Act, 2016 – Section 18 – Compensation to States for loss of revenue on account of introduction of goods and services tax. 18. Parliament shall, by law, on the recommendation of the Goods and Services Tax Council, provide for compensation to the States for loss of revenue arising on account of implementation of the goods and services tax for a period of five

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