Projected revenue under GST compensation: base year revenue multiplied by one plus the projected growth rate. Projected revenue for a State for any year is calculated by applying the projected growth rate to the State's base year revenue, i.e., multiplying the base year revenue by one plus the projected growth rate to obtain the projected revenue for the relevant financial year.
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.
Projected revenue under GST compensation: base year revenue multiplied by one plus the projected growth rate.
Projected revenue for a State for any year is calculated by applying the projected growth rate to the State's base year revenue, i.e., multiplying the base year revenue by one plus the projected growth rate to obtain the projected revenue for the relevant financial year.
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