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Commerce · Q196

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 196

Q196

The centre has to offer states a GST Compensation package. What is the validity period of Centre compensation package to states when GST was implemented in 2017 that are to be paid on bimonthly basis to states in case required?

A.
Three years
B.
Five years
Answer
C.
Seven years
D.
No fixed time period

Answer: Option B

Solution

Answer: Option B
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