The compensation cess under the goods and services tax (GST) is likely to be renamed but is expected to continue beyond its schedule sunset of March 2026. According to two sources, there is ...

BHPian carjack3090 recently shared this with other enthusiasts:To a purchase a new Motor vehicle in India, a Common man has ...

New Delhi [India], March 25 (ANI): Finance Minister Nirmala Sitharaman, on Tuesday, underscored the Union government's ...

Farmers have been demanding that Centre must do away with Goods and Services Tax (GST) on agricultural equipment and inputs, ...

India's GST system needs a comprehensive review to improve efficiency, reduce complexity, and enhance revenue performance by ...

The government has capped the maximum rate of GST compensation cess that would be levied on pan masala, cigarettes and other forms of tobacco and linked the highest rate to their retail sale price.

New Delhi, Dec 4 () The GST Council meeting scheduled to be held on December 18 is likely to deliberate on raising cess on some more products to meet the growing need of compensation among other ...

Bombay High Court held that registered person making a zero rated supply under LUT may claim refund of unutilized credit including that of Compensation Cess. Accordingly, refund of compensation cess ...

“This is the appropriate year for a GST 2.0 since the GST compensation cess is likely to meet its revenue targets later this financial year. The Finance Ministry therefore has a fiscal cushion ...

Integrated GST at ₹90,870 crore and compensation cess of ₹13,868 crore. Total refunds issued during February were ₹20,889 crore, a 17.3% increase over the year-ago period. Net GST ...