The Goods and Services Tax (Compensation to States) Act, 2017
MINISTRY OF LAW AND JUSTICE
(Legislative Department)
New Delhi, the 12th April, 2017/Chaitra 22, 1939 (Saka)
The following Act of Parliament received the assent of the President on the 12th April, 2017, and is hereby published for general information:—
THE GOODS AND SERVICES TAX (COMPENSATION TO STATES) ACT, 2017
NO. 15 OF 2017
[12th April, 2017]
An Act to provide for compensation to the States for the loss of revenue arising on account of implementation of the goods and services tax in pursuance of the provisions of the Constitution (One Hundred and First Amendment) Act, 2016.
BE it enacted by Parliament in the Sixty-eighth Year of the Republic of India as follows:—
Section 1: Short title, extent and commencement.
1. (1) This Act may be called the Goods and Services Tax (Compensation to States) Act, 2017.
(2) It extends to the whole of India.
(3) It shall come into force on such date as the Central Government may, by notification1 in the Official Gazette, appoint.
Reference
Enforcement:
1. Enforced w.e.f. July 01, 2017 [Notification No. G.S.R.700 (E) dated 28.06.2017].