GST on sin goods, cars may go up

The proposed revision of the  Goods and Services Tax (GST) slabs structure may not raise the weighted average levy, but is likely to keep the tax incidence on “demerit and luxury goods” at roughly the currently levels. While the compensation cess applied on these goods is likely to be dispensed with, effective FY27, other imposts like health or clean energy cess may be applied on them, source…