The move is expected to help check massive tax evasion in these sectors. Currently, assorted tobacco items, pan masala and aerated water are among the products that attract the highest GST rate of 28% and also ‘compensation cess’.
from The Financial Express https://ift.tt/3vrCorI
Wednesday, 26 May 2021
Demerit Goods: Higher rates likely on pan masala and gutkha to curb tax evasion
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