Compensation to States for loss of revenue on account of introduction of goods and services tax.

Compensation to States for loss of revenue on account of introduction of goods and services tax. https://www.taxtmi.com/acts?id=20159 Parliament may, by law and on the recommendation of the Goods and Services Tax Council, provide compensation to States for loss of revenue arising from implementation of the Goods and Services Tax for a period which may extend to five years. en-us Sat, 05 Dec 2015 14:56:14 +0530 Sat, 12 Dec 2015 09:46:15 +0530 TaxTMI RSS Generator Compensation to States for loss of revenue on account of introduction of goods and services tax. https://www.taxtmi.com/acts?id=20159 Parliament may, by law and on the recommendation of the Goods and Services Tax Council, provide compensation to States for loss of revenue arising from implementation of the Goods and Services Tax for a period which may extend to five years. Act-Rules Bills Sat, 05 Dec 2015 14:56:14 +0530 https://www.taxtmi.com/acts?id=20159