GST Council sets up GoM to decide on taxation of luxury, sin, and demerit goods post-compensation cess end in March 2026.

The GST Council's GoM on rate rationalisation discussed lowering taxes on several items, including bicycles and bottled water ...

Council has set up a 10-member GoM, chaired by Minister of State for Finance Pankaj Chaudhary, to decide on the taxation of ...

Under the GST regime, a compensation cess is imposed on luxury, sin, and demerit goods in addition to the 28% GST rate.

With just one-and-a-half year remaining for the cess to end, the GST Council in its 54th meeting on September 9 decided to ...

The outcome of the rate rationalisation discussions will be crucial in shaping the agenda for the upcoming 55th GST Council ...

On Wednesday, however, the panel did not take up the contentious issue of reducing tax on health insurance, or exempting it ...

The GST Council Secretariat has hinted in an office memorandum that the terms of reference of the GoM is to make a taxation ...

The Group of Ministers (GoM) on GST rate rationalisation has discussed tax rate tweaks on over 100 items, including lowering ...

The GST Council has formed a GoM to decide on the future of compensation cess. The GoM will submit its report by December ...