Cess to yield Rs 55kcr in first 9 mths of GST rollout

Published: 29/05/2017
Cess to yield Rs 55kcr in first 9 mths of GST rollout
Source: ECONOMICTIMES.INDIATIMES.COM

Cess to yield Rs 55kcr in first 9 mths of GST rolloutThe amount to be raised through cess on coal as well as luxury items and sin goods will be used for compensating states for revenue shortfall following the implementation of the new tax regime.

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