GST Council to discuss on apportioning, renaming compensation cess beyond March 2026
New Delhi, October 09, 2023. The GST Council will decide on the modalities for appropriating the revenue collected by levying compensation cess on luxury, sin and demerit goods beyond March 2026, the deadline to repay loans taken by Centre to compensate states for revenue loss during Covid, an official said. Compensation cess was initially brought…