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Explain the rationale behind the Goods and Services Tax (Compensation to states) act of 2017. How has COVID-19 impacted the GST compensation fund and created new federal tensions? (150 Words)

  1. Discuss the rationale behind the GST act of 2017 (70 words)
  2. COVID-19 impacted the GST compensation fund and created new federal tensions (140 words)
  3. Conclusion (40 words)
GS Classes 2024 UPSC Study Material
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