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Section 6: Projected revenue for first year.

The Maharashtra Goods and Services Tax (Compensation to the Local Authorities) Act, 2017State Act of Maharashtra · Act 41 of 2017

The projected revenue for the period in the first year for a local authority, shall be calculated by applying the projected growth rate over the base year revenue of that local authority reduced by the amount of revenue collected, net of refunds, as specified in section 5 upto the appointed date.

Where this provision sits

ActThe Maharashtra Goods and Services Tax (Compensation to the Local Authorities) Act, 2017
Section6
Marginal noteProjected revenue for first year.
JurisdictionState of Maharashtra
StatusIn force as published by the source

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