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Other Important Clauses

Other Important Clauses 

  • Parliament shall on the recommendation of the GST Council, provide for compensation to the States for loss of revenue arising on account of implementation of the GST for a period of five years.
  • Any law relating to tax on goods or services in force in any State before the commencement of 101st Constitutional Amendment Act shall continue to be in force until amended or repealed by a competent Legislature or until expiration of one year from such commencement, whichever is earlier.

Other Important Clauses

GST-Goods and Service Tax | Tina Saha |