State governments have conveyed to the Centre their support for the merger of the compensation cess with the highest goods and services tax (GST) slab of 28 per cent after March 2026, when the existing regime expires.
In the first meeting of the Group of Ministers (GoM) on GST compensation, led by Union Minister of State for Finance Pankaj Chaudhary, on Wednesday, states advocated that during the transition period towards the cess merger, no additional goods should be added to the existing lists of luxury, sin, and demerit goods.
Diese Geschichte stammt aus der October 17, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der October 17, 2024-Ausgabe von Business Standard.
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