What is the base year for the purpose of calculating the compensation under GST (Compensation to State) Act, 2017?

CS Executive · Tax Laws · PYQS · June 2021
What is the base year for the purpose of calculating the compensation under GST (Compensation to State) Act, 2017?
(A) F.Y. 2017-18
(B) F.Y. 2016-17
(C) F.Y. 2015-16
(D) F.Y. 2018-19

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Customs Act

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic