GST compensation row keeps sin, luxury biz on tenterhooks

The  GST compensation  row between the Centre and the states continues to keep the makers of the sin and luxury goods on the tenterhooks. These businesses see an “adverse impact” of the GST Council’s recent decision to increase the compensation cess period to March 2026 from June 2022. They fear it will lead to higher costs and affect affordability. And with the states like Kerala, Tamil…