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cess levied by State Government

Goods and Services Tax - Started By: - joseph david - Dated:- 7-9-2016 Last Replied Date:- 12-9-2016 - What Will be the fate of 's agricultural market committee on cotton,cotton waste, after the commencement of GST ActJoseph David - Reply By KASTURI SETHI - The Reply = Cesses will also be subsumed into GST. - Reply By YAGAY AND SUN - The Reply = Cesses of any kind including Surcharge on State VAT shall be subsumed in GST for the purpose of removing the cascading effect i.e. Tax on Tax and fo .....

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agree to this as their compensation to states would become higher than. - Reply By KASTURI SETHI - The Reply = Sh.CS Sanjay Malhotra Ji, Yes, Sir. Changes are being proposed and will be finalised by GST Council. About one year ago, cesses were proposed to be subsumed into GST. There are so many factors to be considered by the GST Council. Similarly, earlier threshold exemption limit was proposed to be Rs.ten lakhs per year under GST but now there is a proposal of hike in threshold exemption lim .....

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