https://www.taxtmi.com/acts?id=23191 Proceeds of the GST Compensation Cess are to be credited to a non lapsable GST Compensation Fund and used for compensation purposes; all payments to States are payable from that Fund. Unutilised balances at the end of the transition period are to be divided between transfer to the Consolidated Fund of India (with further allocation as per the constitutional provision) and distribution among States in proportion to their SGST revenues in the last year of the transition period. en-us Mon, 28 Nov 2016 11:23:28 +0530 Tue, 29 Nov 2016 17:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23191 Proceeds of the GST Compensation Cess are to be credited to a non lapsable GST Compensation Fund and used for compensation purposes; all payments to States are payable from that Fund. Unutilised balances at the end of the transition period are to be divided between transfer to the Consolidated Fund of India (with further allocation as per the constitutional provision) and distribution among States in proportion to their SGST revenues in the last year of the transition period. Act-Rules Bills Mon, 28 Nov 2016 11:23:28 +0530 https://www.taxtmi.com/acts?id=23191