WebSep 17, 2024 · Accordingly, the compensation cess was to be levied for a period of five years after introduction of GST; the period for the levy of the cess, as it exists now, is till … Web6 hours ago · ROC Compliance Calendar for the due dates falling in the year 2024-24 (Due dates for ROC Filing forms FY 2024-23) Companies and LLPs registered in India are required to comply with ROC Annual Filing under the Companies Act, 2013 and Limited Liability Partnership Act, 2008 respectively. ROC filing shall be done annually or at the …
GST Council: No GST on petrol, diesel yet, compensation cess till …
WebApr 11, 2024 · Amendments made in the Schedule to the Goods and Services Tax (Compensation to States) Act, 2024 by section 163 of the Finance Act, 2024 have been brought into force w.e.f. 01.04.2024 vide Notification No. 01/2024-Compensation Cess dt. 31.03.2024. The Schedule has been amended to revise the maximum rate at which GST … WebJun 28, 2024 · To repay the liquidity support given to state governments during the Covid-19 period, India’s federal government has extended the timeline for GST compensation … taste room桂
Government extends levy of GST Compensation Cess till 31 …
WebAug 29, 2024 · The extension of compensation cess fund beyond the transition period of five years would affect the revenue potential of the central government from June 2024 because in the absence of the fund ... WebJan 5, 2024 · Finance Ministers of several States have demanded that the GST compensation scheme be extended beyond June 2024. ... This corpus is funded through a compensation cess that is levied on so-called ‘demerit’ goods. The items are pan masala, cigarettes and tobacco products, aerated water, caffeinated beverages, coal and certain … WebSep 27, 2024 · “The extension of compensation cess levy upto March 2026 is expected to impact consumers as the same will be recovered from them,” said Rajat Bose, Partner, Shardul Amarchand Mangaldas & Co. Sitharaman added that a detailed presentation was made on revenue position, generation aspects and correction of inversion duty, since … brid\\u0027oison