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Press Release No. 95 - Compensation Cess

CBEC Press Release dt 30.08.2017 on -- "GST (Compensation to States) Act 2017"
  
  AA   | Print

The Schedule to the Goods and Service Tax (GST) (Compensation to States) Act 2017, specifies the maximum rate at which Goods and Service Tax Compensation Cess may be collected. In respect of motor vehicles, the maximum rate, at which Goods and Service Tax Compensation Cess may be collected, is 15%. Consequent to the GST Council’s recommendation, the Cabinet in its meeting on.......

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