As per section 10(3) of the GST (Compensation to States) Act, 2017 __________ of the amount remaining unutilised in the fund at the end of the transition period shall be transferred to the consolidated fund of India as t

CS Executive · Tax Laws · PYQS · June 2024
As per section 10(3) of the GST (Compensation to States) Act, 2017 __________ of the amount remaining unutilised in the fund at the end of the transition period shall be transferred to the consolidated fund of India as the share of centre.
(A) 50%
(B) 40%
(C) 30%
(D) 20%

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: GST (Compensation to States) Act, 2017

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