Tag: Cess
Posted in Economy
End of cess may not be blessing for ‘sin taxed’
New Delhi: Cigarettes and other tobacco products, carbonated drinks and high-end automobiles, currently in the 28% goods and services tax (GST) slab, could see this…
Posted in Economy
Centre may amend MMDR Act to prevent further levies
New Delhi: The Centre will present its arguments before the Supreme Court next week against state governments levying taxes on top of royalty on mining…
Posted in Economy
Cess, surcharge collections rose 133% between FY’18 and FY’23
There has been a rise of 133 per cent in collection of major cess and surcharges levied by the Central government on various products during…
Posted in Economy
GST collection: February GST collection at Rs 1.50 lakh crore, up 12% YoY
The gross goods and service tax (GST) revenue collection in the month of February 2023 stood at Rs 1,49,577 crore, up around 12% on an…