# The Goods and Services Tax (Compensation To States) Act, 2017, Section 6

- Act: The Goods and Services Tax (Compensation To States) Act, 2017 (Act 15 of 2017)
- Source URL: https://indiacode.ecourtsindia.com/goods-services-tax-compensation-states-act-2017-madhya-pradesh/section/6/

## Text

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

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