GST GoM on cess likely to seek extension from Council, examining legal aspects

Money Control

The Group of Ministers (GoM) set up by the Goods and Services Tax (GST) Council to explore taxation mechanisms for luxury and demerit goods post-cess abolition is expected to seek more time to finalise its recommendations. According to sources, the GoM, chaired by Minister of State for Finance Pankaj Chaudhary, is still deliberating on key aspects, particularly legal frameworks. "The GoM is s…

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