Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017
GST
Dated:- 30-8-2017
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to the proposal of the Finance Ministry to promulgate an ordinance to suitably amend the Goods and Services Tax (Compensation to States) Act, 2017.
\nThe approval would allow to increase the maximum rate at which the Compensation Cess can be levied from 15% to 25% on:
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