UTGST & Compensation Cess

Projected revenue for any year

Cess Act s.6, GST (Compensation to States) Act

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Projected revenue for a year is the base year revenue grown at 14 per cent compounded – the section carries its own worked illustration.

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Section 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 year2018-19 shall be as follows- Projected Revenue for 2018-19=100 (1+14/100) 3

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Text reproduced from the Central Board of Indirect Taxes and Customs, as available on 2026-09-05. The explanation and practice notes above are GSTZone’s own, written for this hub. If you spot anything out of date, tell us and we’ll fix it — this hub is checked daily against CBIC.

cess section 6projected revenue for any year

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