There is persistence of dual treatment within the 5 percent slab. Taxation experts have cautioned that the carve-outs offered in rates, along with classification anomalies and unresolved input tax ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

The GST Council will make the final decision on the cess, including the exact end date for tobacco products. The current tax incidence (GST plus cess) on the sin items varies widely, from 60-80% in ...