top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

How will the GST revenue be shared between the states and the centre?

+1 vote
60 views
How will the GST revenue be shared between the states and the centre?
posted Feb 14, 2018 by Shamita

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

The actual tax collection (before compensation) will be on a 50-50 basis between the centre and the states, said Bhalla. “If, after the distribution, the states’ share falls short of what was being forecast, the centre will pay them compensation to plug the gap,” he explained.

answer Feb 15, 2018 by Tanmay
...