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    <description>Agreement on a transitional CST compensation framework accompanies the Central Government&#039;s acceptance of a phased Goods and Services Tax roll-out allowing states to opt in, with a proposed floor rate within a narrow band, a common exempted goods list, a composition scheme for small traders, and allocation of control between centre and states tied to turnover bands, while a specialized not-for-profit company will implement the GST IT backbone.</description>
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