Discontent in industries after introduction of additional cess in GST.
Commentaries/Analysis,Mar. 22, 2017
Hey guys, did you hear that the cold drinks you enjoy for your refreshment are going to dearer after implementation of GST? Didn't you ? Don't worry we will tell ou what it is about. In GST four rates of taxes has been proposed which will be 5%, 12%, 18% and 28%. 28% rate shall be applicable on luxury items, sin goods, aerated drinks and tobacco products. Besides this gst council has also approved cess over and above 28% tax rate.