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The Central Government abolished various Cesses in the last three years for smooth roll-out of GST

Goods and Services Tax - GST - Dated:- 7-6-2017 - The Central Government in the last three General Budgets viz 2015-16, 2016-17 and 2017-18 has gradually abolished various cesses on goods and services in order to prepare the ground for smooth roll- out of Goods and Service Tax (GST) from 1st July, 2017. The Central Government has taken this step in stages by abolishing various cesses so that it is easier to fit in various goods and services in different tax slabs for GST. The Central Government .....

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Cess Act 1975, and Cine Workers Welfare Cess by amending the Cine Workers Welfare Cess Act 1981 among others. In its General Budget 2017-18, the Central Government abolished Research and Development cess by amending the Research and Development Cess Act. Through Taxation Laws Amendment Act 2017, the following cesses are abolished. However, the date of the implementation will coincide with the date of the GST roll-out: i) The Rubber Act 1947 - Cess on Rubber ii) The Industries (Development and R .....

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