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?

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)

Discuss the rationale behind the GST act of 2017 (70 words)
COVID-19 impacted the GST compensation fund and created new federal tensions (140 words)
Conclusion (40 words)

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