Section

GoM on GST compensation cess holds first meeting: No new levies until future is decided

By Economic Times - 3 hours ago
A group of ministers decided not to extend the GST compensation cess to new items until determining its future post-March 2026. The panel, led by Union minister Pankaj Chaudhary, will reconvene in November to deliberate on whether to continue the cess beyond repaying state-assisting loans or subsume it into the highest tax bracket.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.