Gross GST collections rose 6.1% to over ₹1.74 lakh crore in December 2025, on slow growth in revenues from domestic sales ...
For the sake of fair comparison, December’s gross GST collection figures without compensation cess proceeds are compared with ...
India has announced the highest-ever GST rate on demerit goods to curb tobacco consumption. The move combines GST, excise duty, and cess to drive public health ...
A separate Health Security and National Security Cess has been introduced on pan masala and related items to maintain high ...
The centre’s GST collection in the first six months after the imposition of the 28% GST regime stood at INR 6,909 Cr The number is 412% more than the INR 1,349 Cr taxes collected in the six months ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...
Currently, a 28% GST and a compensation cess at varying rates are levied on all tobacco products, including pan masala, ...
Gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, on slow growth in revenues from domestic ...
Lok Sabha on Wednesday passed a law to levy a higher excise duty on tobacco and related products once the GST compensation cess ends. The Bill, once enacted, will give the government the fiscal space ...
New Delhi: Finance Minister Nirmala Sitharaman on Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan masala, which ...
Amid the goods and services tax (GST) turmoil, the online gaming companies have reportedly told the Supreme Court that the industry does not oppose the prospective levy of 28% GST on the full face ...
As per the finance ministry data, the GST revenue in December 2024 was over Rs 1.64 lakh crore. “Gross revenue from domestic ...