Tag: sin goods

The 56th GST Council decided to remove compensation cess in a phased manner until the remaining liability of the back-to-back loans taken to fund state revenue losses during the pandemic period was discharged. (Pixabay)
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…

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Posted in Economy

Parliament Winter Session: Finance Minister Sitharaman moves two bills for new cess on tobacco and other ‘sin goods’

New Delhi: Finance minister Nirmala Sitharaman on Monday moved two new bills in the Lok Sabha to replace the existing compensation cess under goods and…

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Posted in Economy

Next generation GST reforms led to growth in sales across sectors: FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Tuesday said that the implementation of next generation GST reforms on September 22 has led to a growth in…

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