GST compensation cess is charged on certain products like tobacco and related products, aerated drinks, luxury cars, and coal, which are generally considered harmful or undesirable, to help states recover any loss of revenue caused by the GST rollout. Brokerage firm Jefferies says, “Though the requirement for the cess will end soon, we still expect taxations on the above items to continue.”New cess models could replace existing oneContinue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers
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GST compensation cess may live on by other names beyond FY26
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