https://www.taxtmi.com/acts?id=24081 Compensation to States during the transition period is provisionally released every two months and finally reconciled annually after audited revenue figures. Annual compensation equals the difference between the projected revenue (per section 6) and actual revenue (net State tax, apportioned integrated tax, and specified pre GST State taxes, as certified by auditors). Provisional two monthly payments are calculated pro rata from projected revenue and adjusted against subsequent provisional and final releases; excess payments are recoverable or adjusted in following years and refunded amounts are credited to the Fund. en-us Mon, 27 Mar 2017 17:36:43 +0530 Wed, 01 Sep 2021 14:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24081 Compensation to States during the transition period is provisionally released every two months and finally reconciled annually after audited revenue figures. Annual compensation equals the difference between the projected revenue (per section 6) and actual revenue (net State tax, apportioned integrated tax, and specified pre GST State taxes, as certified by auditors). Provisional two monthly payments are calculated pro rata from projected revenue and adjusted against subsequent provisional and final releases; excess payments are recoverable or adjusted in following years and refunded amounts are credited to the Fund. Act-Rules GST Mon, 27 Mar 2017 17:36:43 +0530 https://www.taxtmi.com/acts?id=24081