Answer: 2015-16
Notes: The Government of India has released the compensation fund under the GST Compensation Act 2017.As Goods and Services Tax is a destination-based tax, therefore the original state is bound to suffer at the initial stage. Therefore the central government came up with an Act called GST Compensation Act 2017, the compensation however would remain valid only for 5 years. In order to compensate the states, the central government imposed various cesses on products that are generally sin goods. The Base year for calculation is 2015-16.
