Mobile app version of babycheers.com
Login or Join
newsMNC

: GST compensation cess gets extension till March 2026 #finance #StockMarketNEWS GST compensation cess gets extension till March 2026 New Delhi, June 25 (KNN) The government has announced the extension

@newsMNC

Posted in: #finance #StockMarketNEWS

GST compensation cess gets extension till March 2026 #finance #StockMarketNEWS
GST compensation cess gets extension till March 2026 New Delhi, June 25 (KNN) The government has announced the extension of goods and services tax (GST) compensation cess till March 2026. 

It was notified on Saturday through a gazette notification by the finance ministry confirming the period of extension.



Certain good and services had already been extended from the imposition of GST compensation cess until March 2026 to make up for the borrowings and arrears of compensation paid to states in the last two financial years.

The extension has been notified in accordance with the payback plan agreed upon at the GST Council meeting in September 2021. 

States will not receive GST compensation beginning July 1st of this year. Despite the fact that some states have requested an extension, the Centre remains opposed. 

The GST council will meet next week in Chandigarh.  (KNN Bureau)


Latest stock market news Twitter alternate of India

10% popularity Flash it Bury this

0 Reactions   React


Replies (0)

Login to follow story

More posts by @newsMNC

0 Comments

Sorted by latest first Latest Oldest Best

Back to top | Use Dark Theme