MoS Finance likely to be convenor of GoM on GST compensation cess

Union Minister Pankaj Chaudhary will lead a Group of Ministers to revise the GST compensation cess nomenclature. The panel aims to decide on apportioning the cess collected from luxury and demerit goods between the Centre and states, while suggesting necessary legal changes for enforcement.

Sep 15, 2024 - 17:30

MoS Finance likely to be convenor of GoM on GST compensation cess

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Union Minister Pankaj Chaudhary will lead a Group of Ministers to revise the GST compensation cess nomenclature. The panel aims to decide on apportioning the cess collected from luxury and demerit goods between the Centre and states, while suggesting necessary legal changes for enforcement.