However, when it comes to Compensation Cess, a special tax levied on certain goods and services, the utilization of ITC is restricted. The ITC claimed on Compensation Cess can only be used to offset ...

2402 20 10 Other than filter cigarettes, of length not exceeding 65 millimetres 28% 2402 20 20 Other than filter cigarettes, of length exceeding 65 millimetres but not exceeding 70 millimetres 28% ...

ONGC and OIL, which paid a combined ₹16,371 crore in OID cess in FY24, face financial strain due to high levies, including royalties and VAT. | Photo Credit: The Ministry of Petroleum & Natural ...

The GST compensation cess fund might have a ₹1.37 lakh crore shortfall by March 31 due to ₹50,000 crore interest on Covid loans. An additional ₹13,000 crore compensation may be required after ...

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 ...

NEEF Chief Executive Officer Humphreys Mdyetseni revealed that the program has so far distributed 2.5 million kilograms of fertilizer--equivalent to 50,000 bags--in southern districts including ...

Pune: The city has emerged as the top contributor to the Metro cess collection, closely followed by Mumbai suburban in the 2023-24 financial year so far. According to the state registration ...

Definition: Education cess is an additional levy on the basic tax liability. Description: Governments resort to imposition of cess for meeting specific expenditure. For instance, both corporate and ...

The Group of Ministers (GoM) set up by the Goods and Services Tax (GST) Council to explore taxation mechanisms for luxury and demerit goods post-cess abolition will be seeking more time to finalise ...

Minister of Information and Digitalisation, Moses Kunkuyu, has described the National Economic Empowerment Fund (NEEF) fertilizer loan program as a solution for restoring Malawi’s reputation as a food ...

Current time and date at Grand Cess Airport is 02:49:30 AM (GMT) on Wednesday, Jan 1, 2025 Looking for information on Grand Cess Airport, Grand Cess, Liberia? Know about Grand Cess Airport in detail.