Section 5. Base year revenue

{
    "act_title": "THE GOODS AND SERVICES TAX (COMPENSATION TO STATES) ACT, 2017",
    "act_slug": "the-goods-and-services-tax-compensation-to-states-act-2017",
    "section_label": "Section",
    "section": {
        "number": "5",
        "title": "Section 5. Base year revenue",
        "chapter": null,
        "content": "5. Base year revenue. (1) Subject to the provision of sub-sections (2), (3), (4), (5) and (6), the base\n year revenue for a State shall be the sum of the revenue collected by the State and the local bodies during\n the base year, on account of the taxes levied by the respective State or Union and net of refunds, with\n respect to the following taxes, imposed by the respective State or Union, which are subsumed into goods\n and services tax, namely:-",
        "footnote": "",
        "is_definition": false,
        "sort_order": 320
    },
    "prev_section": "4",
    "next_section": "5"
}