TaxTMI 
TaxTMI 
BASE YEAR REVENUE
X X X X Extracts X X X X
X X X X Extracts X X X X
....he State and local bodies during the base year, on account of the taxes levied by the respective State or Centre, net of refunds, with respect to the following taxes imposed by the respective State or Centre, which are subsumed into goods and services tax: (a) Value Added Tax (VAT), sales tax, purchase tax, tax collected on works contract, or any other tax levied by the concerned State un....
X X X X Extracts X X X X
X X X X Extracts X X X X
....th Schedule to the Constitution, prior to bringing into effect the provisions of the Constitution (One Hundred and First Amendment) Act, 2016; (e) Taxes on advertisement or any other tax levied by the concerned State under the erstwhile Entry 55 of List-II (State List) of the Seventh Schedule to the Constitution, prior to bringing into effect the provisions of the Constitution (One Hundre....
X X X X Extracts X X X X
X X X X Extracts X X X X
....f refunds, on account of following taxes, shall not be included in the calculation of the base year revenue for that State: (a) Any taxes levied under any Act made under the erstwhile Entry 54 of List-II (State List) of the Seventh Schedule to the Constitution, prior to bringing into effect the provisions of the Constitution (One Hundred and First Amendment) Act, 2016, on the sale or purc....
X X X X Extracts X X X X
X X X X Extracts X X X X
....2 of List-II (State List) of the Seventh Schedule to the Constitution, prior to bringing into effect the provisions of the Constitution (One Hundred and First Amendment) Act, 2016.. (4) In respect of the State of Jammu and Kashmir, the base year revenue shall include the amount of service tax collected by the State Government. (5) In respect of States mentioned in article 279A(4)....