Base year revenue under GST compensation law covers audited net tax collections, exclusions, and special inclusions for specified States. The base year revenue of a State is the audited, net-of-refunds revenue collected during the base year from specified pre-GST taxes and levies subsumed into GST, including value added tax, sales tax, purchase tax, central sales tax, entry tax, octroi, local body tax, luxury taxes, entertainment and advertisement taxes, excise duty on medicinal and toilet preparations, and notified cess, surcharge or fee. The provision excludes specified petroleum, liquor and related levies, adds special treatment for Jammu and Kashmir and certain States granting industrial investment exemptions, and includes revenue not credited to the Consolidated Fund subject to prescribed conditions.
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.
Base year revenue under GST compensation law covers audited net tax collections, exclusions, and special inclusions for specified States.
The base year revenue of a State is the audited, net-of-refunds revenue collected during the base year from specified pre-GST taxes and levies subsumed into GST, including value added tax, sales tax, purchase tax, central sales tax, entry tax, octroi, local body tax, luxury taxes, entertainment and advertisement taxes, excise duty on medicinal and toilet preparations, and notified cess, surcharge or fee. The provision excludes specified petroleum, liquor and related levies, adds special treatment for Jammu and Kashmir and certain States granting industrial investment exemptions, and includes revenue not credited to the Consolidated Fund subject to prescribed conditions.
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