Tag: Compensation Cess
Posted in GST
GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concerns
New Delhi: The inverted duty structure resulting from rate changes under the Goods and Services Tax (GST) 2.0 regime is hurting companies especially in the…
Posted in Business
GST compensation cess on tobacco to end on Feb 1; new laws notified| Business News
NEW DELHI: The government on Wednesday formally annulled the vestige of compensation cess on sin goods such as cigarettes and tobacco products from the Goods…
Posted in GST
Simpler on paper, complex in practice: Auto industry grapples with new GST framework
The GST Council’s recent decision to rationalise taxes on several products, including automobiles has created a structural shift in India’s indirect tax framework. By moving…