Sitharaman says entire GST compensation cess dues of Rs 16,982 crore will be cleared

Feb 18, 2023

Sitharaman said the entire pending balance of the GST compensation cess -- a total of Rs 16,982 crore -- will be cleared and "although...

Centre releases Rs 1,65,302 cr as GST compensation to states, UTs for FY 2019-20

Jul 27, 2020

New Delhi [India], July 27 : The Centre on Monday released Rs 1,65,302 crores as Goods and Services Tax (GST) compensation to states/Union Territories...

Centre to move Central Excise (Amendment) Bill for consideration in Parliament

Dec 02, 2025

Following the introduction of GST in 2017, the Centre had decreased central excise duties on tobacco and tobacco products to allow for the levy...

Agri cess will not impact alcoholic beverages, hike in customs duty not to impact price of cars: Finance Secretary

Feb 03, 2021

New Delhi [India], February 3 : Agriculture Infrastructure and Development Cess (AIDC), a new cess announced in union budget 2020-21 will not lead to...

Finance Secretary Ajay Bhushan Pandey explains agri cess, says agriculture should become more productive

Feb 04, 2021

New Delhi [India], February 4 : Surprising many, in the recent Union Budget government came up with an Agriculture Infrastructure and Development Cess (AIDC)...

New agriculture cess will fund farm infrastructure, says FM Sitharaman

Feb 07, 2021

Mumbai (Maharashtra) [India], February 7 : Elaborating on the Agriculture Infrastructure and Development Cess (AIDC), a new cess announced in the union budget 2020-21,...