Tag: sin goods
Posted in Economy
GoM on GST compensation cess holds first meeting: No new levies until future is decided
The 10-member group of ministers (GoM) on compensation cess decided in its first meeting on Wednesday not to extend the levy to any new item…
Posted in Economy
GST Compensation Cess Future: Group of Ministers proposes merger with taxes
The group of ministers (GoM) on GST compensation cess, under Minister of State for Finance Pankaj Chaudhary, on Wednesday discussed merger of compensation cess into…
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
GST rate cut: States are also cautious on GST rate cuts: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said that even states were cautious on moving ahead with rate cuts. “I am not blaming them…they want revenue…