Collections through compensation cess in GST mechanism have recorded a growth of 6.5 per cent during April-November period. This is higher than the BE (Budget Estimate) growth rate of 4.1 per ...
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 ...
The Group of Ministers (GoM) tasked with restructuring the Compensation Cess has requested an extension until June 30, 2025, to finalise the roadmap for the cess, sources tell Business Today TV.
The Group of Ministers (GoM) on Compensation Cess is likely to seek six more months for finalising its report. Originally, it was asked to submit the report by December 31. “We may need at least ...
The GST Council meeting today ended without any conclusion on states’ compensation cess. Finance Minister Sitharaman highlighted that there is no dispute between the council and the states ...
The GST Council will likely consider the GoM's extension request at its next meeting, along with discussions on the broader implications of the compensation cess framework The Group of Ministers ...