Most of the States to benefit from GST from day one; Provisions have been Made in the Constitution Amendment Bill on GST to Ensure that none of the States Lose any Revenue after the Implementation of the GST: FM https://www.taxtmi.com/news?id=13764 The Constitution Amendment Bill on GST provides transitional fiscal measures to ensure States suffer no revenue loss on implementation: a temporary additional non vatable tax on inter State supplies of goods assigned to originating States for a limited period, and central compensation to States on a tapering basis during the transition, with the GST Council to recommend duration and related modalities. en-us Mon, 22 Dec 2014 17:08:03 +0530 Thu, 05 Feb 2015 11:56:00 +0530 TaxTMI RSS Generator Most of the States to benefit from GST from day one; Provisions have been Made in the Constitution Amendment Bill on GST to Ensure that none of the States Lose any Revenue after the Implementation of the GST: FM https://www.taxtmi.com/news?id=13764 The Constitution Amendment Bill on GST provides transitional fiscal measures to ensure States suffer no revenue loss on implementation: a temporary additional non vatable tax on inter State supplies of goods assigned to originating States for a limited period, and central compensation to States on a tapering basis during the transition, with the GST Council to recommend duration and related modalities. News - Mon, 22 Dec 2014 17:08:03 +0530 https://www.taxtmi.com/news?id=13764