Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Goods and Services Tax (Compensation to States) Act, 2017 | Statement: [Goods and Services Tax Council (India), relatedLegislation, Goods and Services Tax (Compensation to States) Act, 2017]

Target entity: Goods and Services Tax (Compensation to States) Act, 2017
Context triple: [Goods and Services Tax Council (India), relatedLegislation, Goods and Services Tax (Compensation to States) Act, 2017]

• A. Goods and Services Tax (Australia)
  Goods and Services Tax (Australia) is a broad-based value-added tax introduced in 2000 that applies to most goods and services consumed in Australia.
• B. Finance Act (India)
  The Finance Act (India) is an annual legislation passed by Parliament that gives legal effect to the Union Budget by specifying tax rates, duties, and related fiscal measures for the financial year.
• C. Expanded Value Added Tax (EVAT) law
  The Expanded Value Added Tax (EVAT) law is a Philippine tax reform measure that broadened the coverage and rate of the value-added tax to increase government revenue and address fiscal deficits.
• D. Goods and Services Tax Council (India)
  The Goods and Services Tax Council (India) is a constitutional body that formulates key policies, tax rates, and regulations for the implementation and administration of the Goods and Services Tax across the country.
• E. Gujarat State Tax and allied services
  Gujarat State Tax and allied services is a branch of the Gujarat state civil services responsible for administering and enforcing state-level tax laws and related fiscal regulations in Gujarat, India.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: Goods and Services Tax (Compensation to States) Act, 2017
Target entity description: The Goods and Services Tax (Compensation to States) Act, 2017 is an Indian law that guarantees states compensation for revenue losses arising from the implementation of the Goods and Services Tax (GST) for a specified transition period.

• A. Goods and Services Tax (Australia)
  Goods and Services Tax (Australia) is a broad-based value-added tax introduced in 2000 that applies to most goods and services consumed in Australia.
• B. Finance Act (India)
  The Finance Act (India) is an annual legislation passed by Parliament that gives legal effect to the Union Budget by specifying tax rates, duties, and related fiscal measures for the financial year.
• C. Expanded Value Added Tax (EVAT) law
  The Expanded Value Added Tax (EVAT) law is a Philippine tax reform measure that broadened the coverage and rate of the value-added tax to increase government revenue and address fiscal deficits.
• D. Goods and Services Tax Council (India)
  The Goods and Services Tax Council (India) is a constitutional body that formulates key policies, tax rates, and regulations for the implementation and administration of the Goods and Services Tax across the country.
• E. Gujarat State Tax and allied services
  Gujarat State Tax and allied services is a branch of the Gujarat state civil services responsible for administering and enforcing state-level tax laws and related fiscal regulations in Gujarat, India.
• F. None of above. chosen