GST relief for auto cos may raise burden on other goods - Times of India

The Times of India reports:
Highlights As part of the grand GST bargain, the Centre had agreed to compensate states for five years, if the annual rise in revenues was less than 14% While the Centre has budgeted to collect close to Rs 1-lakh-crore cess on sin and luxury goods during 2019-20, or around Rs 8,000 crore a month, the mop-up in August was Rs 7,273 crore NEW DELHI: Amid intense lobbying for a reduction in goods and services tax (GST), the government is expected to send a message that a tax cut is only possible if the compensation cess on luxury and sin goods such as tobacco, soft drinks and cars is increased or its coverage is expanded to include more products.
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