https://www.taxtmi.com/acts?id=24079 The base year revenue of a State is the audited, net-of-refunds revenue collected during the base year from specified pre-GST taxes and levies subsumed into GST, including value added tax, sales tax, purchase tax, central sales tax, entry tax, octroi, local body tax, luxury taxes, entertainment and advertisement taxes, excise duty on medicinal and toilet preparations, and notified cess, surcharge or fee. The provision excludes specified petroleum, liquor and related levies, adds special treatment for Jammu and Kashmir and certain States granting industrial investment exemptions, and includes revenue not credited to the Consolidated Fund subject to prescribed conditions. en-us Mon, 27 Mar 2017 17:35:56 +0530 Mon, 22 Jun 2026 17:12:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24079 The base year revenue of a State is the audited, net-of-refunds revenue collected during the base year from specified pre-GST taxes and levies subsumed into GST, including value added tax, sales tax, purchase tax, central sales tax, entry tax, octroi, local body tax, luxury taxes, entertainment and advertisement taxes, excise duty on medicinal and toilet preparations, and notified cess, surcharge or fee. The provision excludes specified petroleum, liquor and related levies, adds special treatment for Jammu and Kashmir and certain States granting industrial investment exemptions, and includes revenue not credited to the Consolidated Fund subject to prescribed conditions. Act-Rules GST Mon, 27 Mar 2017 17:35:56 +0530 https://www.taxtmi.com/acts?id=24079