Answer the following with reference to GST (compensation to states) Act, 2017: Projected Growth Rate.

CS Professional · Advanced Tax Laws and Practice · PYQS · June 2018
Answer the following with reference to GST (compensation to states) Act, 2017: Projected Growth Rate.

Answer & Explanation:

The projected nominal growth rate of revenue subsumed for a State during the transition period shall be fourteen percent (14%) per annum.

Topics: GST (Compensation to States) Act, 2017

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