Which of the following amendments have been made to the GST Bill to be presented in the Rajya Sabha ...........

Finance (Phase -I & II) Public Finance The union budget

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Which of the following amendments have been made to the GST Bill to be presented in the Rajya Sabha?

1) 1% entry tax inclusion

2) Full compensation to states for 5 years for any revenue loss

3) Independent Dispute Resolution Mechanism

1, 2

1, 3

2, 3

All of the above

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Explanation:

The planned amendments will seek to withdraw the 1 per cent additional tax (entry tax) proposed earlier;
Guarantee the States full compensation over a period of five years for any losses from the shift to the new tax;
Propose a new mechanism for dispute resolution, in which the States will have greater say;
Introduce fresh assurance in the amendment that the GST rate will neither lead to revenue losses for states not hurt the consumers.