Deep search
Rewards
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
2024 Election
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
Compensation cess: GST Council’s GoM to decide on luxury, sin tax
Council has set up a 10-member GoM, chaired by Minister of State for Finance Pankaj Chaudhary, to decide on the taxation of luxury, sin and demerit goods once the compensation cess ends in March 2026.
GoM formed to decide on compensation cess
Under the GST regime, a compensation cess is imposed on luxury, sin, and demerit goods in addition to the 28% GST rate.
GST Council sets up GoM on compensation cess; panel to submit report by December 31
GST Council sets up GoM to decide on taxation of luxury, sin, and demerit goods post-compensation cess end in March 2026.
GST Council forms GoM on compensation cess; report expected by Dec 31
Council has set up a 10-member GoM, chaired by Minister of State for Finance Pankaj Chaudhary, to decide on the taxation of luxury, sin and demerit goods once the compensation cess ends in March 2026.
Group of Ministers set up to decide future of GST compensation cess on luxury, sin and demerit goods
The panel, chaired by minister of state for finance Pankaj Chaudhary, will submit its report by December 31. It will consider whether to continue the cess or impose additional taxes
Constitution of Group of Ministers on restructuring GST Compensation Cess
The Office of the Goods and Services Tax Council Secretariat has announced the constitution of a Group of Ministers (GoM) to explore restructuring the Compensation Cess, following discussions during the GST Council’s 54th Meeting on September 9,
GST Council Forms GoM To Determine Taxation On Luxury And Sin Goods Post-Cess
With just one-and-a-half year remaining for the cess to end, the GST Council in its 54th meeting on September 9 decided to set up a GoM to decide the future course of the cess.
GST Council Forms GoM on Compensation Cess
The GST Council has formed a GoM to decide on the future of compensation cess. The GoM will submit its report by December 31st, 2023.
GST Council forms 10-member GoM to decide on future of compensation cess, panel to submit report by Dec 31
The Group of Ministers (GoM), which includes members from Assam, Chhattisgarh, Gujarat, Karnataka, Madhya Pradesh, Punjab, Tamil Nadu, Uttar Pradesh and West Bengal, will submit its report to the Council by December 31.
India's GST Council Forms GoM to Review Luxury Tax Post-Cess
The GST Council Secretariat has hinted in an office memorandum that the terms of reference of the GoM is to make a taxation proposal to replace compensation cess after its abolition. (Representative Image: DC)
The Financial Express
1d
GST cess may stay beyond FY26, to take a new form
As per an RBI study, the weighted average tax rate under the GST had come down to 11.6%, from 14.4% at the time of its launch ...
Opinion
The Pioneer
6d
Opinion
GST cess extension: Is it Justified Beyond 2026?
With loans likely to be repaid by January 2026, the question arises—can the continued levy of the cess be logically justified ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Trending now
Helene death toll rises
Rescue mission launched
NC dam failure ‘imminent’
Hospitalized for burns
Houthis attack US warships
Troops to leave some bases
High-end brothel plea
Congestion fee bid denied
'SNL' launches 50th season
On Hezbollah leader's killing
Malibu coast earthquake
CA stove labels bill vetoed
Diocese reaches settlement
AL sued over purging voters
ICE: Convicts roaming free
Human rabies death in MN
Dow closes at record high
UNC digital IDs blocked
Haney sues Garcia
Meta hit with privacy fine
Hezbollah leader killed
121st loss of the season
US charges three Iranians
Congressional Gold Medal
Van Gogh paintings attacked
Faces fine to end Brazil ban
Fed inflation gauge cools
KY sues Express Scripts
Deposition in AI suit
NY ballot appeal rejected
Feedback