Saturday, 26 November 2016

Centre to compensate states every quarter for GST revenue loss

Centre to compensate states every quarter for GST revenue loss
States will receive provisional compensation from Centre for loss of revenue from implementation of GST every quarter but the final annual number would be decided after an audit carried out by CAG.

The compensation would be met through levy of a cess called ‘GST Compensation...

No comments:

Post a Comment