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LS passes bill to make excise, customs Acts compliant with GST

LS passes bill to make excise, customs Acts compliant with GST

Thursday, April 6, 2017, 6:16 PM

The Lok Sabha today passed a bill which will ensure continuance of levy of excise on petroleum products and abolition of cess on some other items following GST rollout from July-1. Minister of State for Finance Santosh Gangwar said the amendments in these laws were necessary because, after the roll out of GST on July-1, only a few items would remain under these Acts.
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