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GST council likely to discuss cess on luxury cars, tobacco products

GST council likely to discuss cess on luxury cars, tobacco products

Wednesday, March 15, 2017, 8:19 PM

The GST council will meet on Thursday to discuss supplementary legislations needed for GST implementation. The GST council may also take up capping the cess to be levied on demerit goods like luxury cars and tobacco products for creation of a corpus that will be used for compensating states for any loss of revenue from GST implementation in the first five years.
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