Centre, states close to agreeing on rolling cess into GST

The compensation cess, expected to fetch ₹1.67 trillion this fiscal year, ends in March. Without an agreement between the Centre and the states on folding it into GST, the eight-year levy will end after an eight-year run.

from mint - politics The compensation cess, expected to fetch ₹1.67 trillion this fiscal year, ends in March. Without an agreement between the Centre and the states on folding it into GST, the eight-year levy will end after an eight-year run.