News
Another cess coming? GST Council may approve imposition of Sugar cess
- Date:
- May 3, 2018
- Source:
- Economic Times
Running against the principles of the Goods and Services Tax, the Council’s 27th meeting being held via video-conferencing on Friday may clear the imposition of a 5% Sugar cess . Currently, the government levies GST Compensation cess to compensate States that may incur losses in the first five years of GST implementation. Sugar cess is a part of the GST Council’s agenda, but gains sign…