GST compensation to states ensures revenue protection for a limited period under the constitutional amendment, implemented by central notification. Establishes a statutory, time-limited mechanism for compensation to the States for revenue losses arising from implementation of the Goods and Services Tax, pursuant to the enabling constitutional amendment; applies throughout India and comes into force on a date appointed by the Central Government by notification in the Official Gazette.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST compensation to states ensures revenue protection for a limited period under the constitutional amendment, implemented by central notification.
Establishes a statutory, time-limited mechanism for compensation to the States for revenue losses arising from implementation of the Goods and Services Tax, pursuant to the enabling constitutional amendment; applies throughout India and comes into force on a date appointed by the Central Government by notification in the Official Gazette.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
