Central Act
6
Section 6. Projected revenue for any year.
The Goods and Services Tax (Compensation to States) Act, 2017
In forceAll India (Central Act)
6. Projected revenue for any year. The projected revenue for any year in a State shall be calculated by applying the projected growth rate over the base year revenue of that State. Illustration.--- If the base year revenue for 2015-16 for a concerned State, calculated as per section 5 is one hundred rupees, then the projected revenue for financial year 2018-19 shall be as follows--- Projected Revenue for 2018-19=100 (1+14/100)3.