https://www.taxtmi.com/acts?id=23161 Defines the compensation scheme mechanics for State revenue protection on GST implementation: specifies transition date and five-year transition period, establishes base year, base year revenue, projected growth rate and projected revenue for entitlement calculation, and designates the Goods and Services Tax Compensation Cess as the funding levy. Cross-references Central and Integrated GST Acts for undefined terms and defines input tax/input tax credit in relation to the Compensation Cess. en-us Mon, 28 Nov 2016 11:14:49 +0530 Tue, 29 Nov 2016 17:36:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23161 Defines the compensation scheme mechanics for State revenue protection on GST implementation: specifies transition date and five-year transition period, establishes base year, base year revenue, projected growth rate and projected revenue for entitlement calculation, and designates the Goods and Services Tax Compensation Cess as the funding levy. Cross-references Central and Integrated GST Acts for undefined terms and defines input tax/input tax credit in relation to the Compensation Cess. Act-Rules Bills Mon, 28 Nov 2016 11:14:49 +0530 https://www.taxtmi.com/acts?id=23161