Under the GST (Compensation to States) Bill, 2017, the unutilized money in the GST Compensation Fund at the end of five years would be

1
Distributed amongst States as per the formula prescribed by the Finance Commission for devolution of taxes
2
Shared equally between the Centre and States with apportionment amongst the States on the basis of SGST collection in the last year of transition
3
Fully retained by the Centre
4
Shared equally between the Centre and States with apportionment amongst the States on the basis of the formula prescribed by the Finance Commission for devolution of taxes

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation