Tag: tobacco products

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

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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