Act Number: 15

Act Name: The Goods and Services Tax (Compensation to States) Act, 2017

Year: 2017

Enactment Date: 2017-04-12

Long Title: 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.

Ministry: Ministry of Finance

Department: Department of Revenue

Section 1: Short title, extent and commencement.
        (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 date1 as the Central Government may, by notification in the Official Gazette, appoint.
Notes:
1. 1st July, 2017 vide notification No. G.S.R. 700 (E) dated the 28 June, 2017, see Gazette of India, Extraordinary, Part II, sec. 3(i).
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