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Searched Tag: group of ministers gom
GST on sin goods raised to 35pc , GoM proposes tax tweaks

GST on sin goods raised to 35pc , GoM proposes tax tweaks

December 3, 2024, 08:44 AM - 3 min read

The GoM on GST rate rationalisation proposed hiking sin goods tax to 35%, adjusting apparel tax slabs, and revising GST rates on various items, with final decisions pending the GST Council's December 21 meeting.

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GoM discusses merger of GST compensation cess into taxes

GoM discusses merger of GST compensation cess into taxes

October 16, 2024, 04:07 PM - 3 min read

States suggested that during the transition of cess, once it is decided to merge with taxes no new goods should be added to the list of luxury, sin and demerit goods.

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