Govt Specifies Retail Sale Price Based GST Cess Rate For Pan Masala, Tobacco

[ad_1] New Delhi: The government has specified the retail sale price-based GST cess rate that would be levied on pan masala and tobacco manufacturers with effect from April 1. This is a departure from the earlier regime that imposed cess, over and above the 28 per cent Goods and Services Tax (GST) rate on ad-valorem basis. … Read more