GST compensation cess extended till March 2026, govt notifies
The levy of GST compensation cess on some products and services has already been extended until March 2026 to compensate states for borrowings and arrears of compensation paid in the previous two fiscal years.
Jun 25, 2022, 12:23 PM IST
GST Council to discuss model laws, tax jurisdiction on Friday
The issues of draft model laws for implementation of the new GST regime from April 2017 and its jurisdiction will be form the forefront of discussion in the GST Council meet at the two-day meeting starting Friday.
Dec 01, 2016, 21:37 PM IST
Centre to compensate states every quarter for GST revenue loss
States will receive provisional compensation from Centre for loss of revenue from implementation of GST every quarter but the final annual number would be decided after an audit carried out by CAG.
Nov 26, 2016, 15:28 PM IST
