Compensation period extension: amendment replaces 'three years' with 'five years' in section 14 proviso of GST Act. Amendment substitutes the words 'three years' with 'five years' in the proviso to section 14(1) of the Goods and Services Tax (Compensation to States) Act, 2017, effecting a change in the statutory timeframe specified in that proviso.
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Compensation period extension: amendment replaces 'three years' with 'five years' in section 14 proviso of GST Act.
Amendment substitutes the words "three years" with "five years" in the proviso to section 14(1) of the Goods and Services Tax (Compensation to States) Act, 2017, effecting a change in the statutory timeframe specified in that proviso.
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