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 to decide on taxation of luxury, sin, and demerit goods post-compensation cess end in March 2026.

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 ...

The GST Council Secretariat has hinted in an office memorandum that the terms of reference of the GoM is to make a taxation ...

The GST Council's GoM on rate rationalisation discussed lowering taxes on several items, including bicycles and bottled water ...

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 ...

The Group of Ministers (GoM) on GST rate rationalisation has discussed tax rate tweaks on over 100 items, including lowering ...

On Wednesday, however, the panel did not take up the contentious issue of reducing tax on health insurance, or exempting it ...

The GST Council has formed a GoM to decide on the future of compensation cess. The GoM will submit its report by December ...

The six-member Group of Ministers (GoM), which had met on Wednesday, also took up the issue of tax rate cut on medical and ...