With the compensation cess set to expire by March 1, 2026, the Centre is likely to propose two new levies — a Health Cess on tobacco and other harmful substances and a Clean Energy Cess on coal and ...

The government today released a fact sheet outlining the benefits on the rate rationalisation in the auto sector. From cheaper cars, export competitiveness, job creation, and cleaner mobility — here's ...

The Supreme Court has admitted Fada's writ petition challenging the non-transition of accumulated GST compensation cess ...

New Delhi, Jan 1 (PTI) The combination of GST and the machine-capacity-based cess levy on pan masala manufacturing will create a comprehensive tax architecture that improves detection of evasion and ...

New Delhi: The combination of GST and the machine-capacity-based cess levy on pan masala manufacturing will create a comprehensive tax architecture that improves detection of evasion and protects tax ...

The Group of Ministers (GoM) on compensation cess, headed by Union Minister of State for Finance Pankaj Choudhary, has recommended ending the levy of the cess by October 31, 2025. The final report, ...

The vestige of the compensation cess, which will continue on tobacco and tobacco-related items under the new Goods and Services Tax (GST) regime even after September 22, when most of the new rates are ...

While delivering his Independence Day address on 15 August, Prime Minister Narendra Modi announced the long-overdue goods and service tax (GST) reforms. He promised a "double Diwali’ this year, ...

https://www.thehindubusinessline.com/economy/gst-council-may-take-up-proposal-to-end-compensation-cess-by-oct-31/article70004972.ece Copy The GST Council is expected ...

The issue of compensation cess and the need to compensate states for revenue losses under the Goods and Services Tax (GST) was discussed on Wednesday during the meeting of the Group of Ministers (GoM) ...

Around mid September or early October the prices of premium models such as the Honda Accord, Toyota Innova, Hyundai Elantra, Mahindra XUV 500, Renault Duster, Mercedes E-Class, BMW 5- Series, Audi A4, ...

Finance Minister Nirmala Sitharaman will chair a crucial two-day GST Council meeting starting Wednesday, with the Centre pushing for major structural reforms, including the early termination of ...