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<h1>GST Compensation Cess Rules 2017: Framework to Compensate States for Revenue Losses from GST Implementation</h1> The Goods and Services Tax Compensation Cess Rules, 2017, enacted by the Ministry of Finance, Department of Revenue, are established under the authority of the Goods and Services Tax (Compensation to the States) Act, 2017. These rules, effective from July 1, 2017, outline the framework for implementing the GST Compensation Cess, which aims to compensate states for revenue losses arising from the implementation of GST.