 "A crucial GoM formed to reshape GST luxury taxes as compensation cess nears its end, sparking intense debate ahead.")
A crucial GoM formed to reshape GST luxury taxes as compensation cess nears its end, sparking intense debate ahead.
The Goods and Services Tax (GST) Council has established a 10-member Group of Ministers (GoM) to evaluate the taxation of luxury and sin goods, set to conclude once the compensation cess ends in March 2026. Chaired by Minister of State for Finance Pankaj Chaudhary, the GoM will propose whether to maintain the cess or replace ...
