For instance, SUVs attract a cess of 22 percent over and above the highest GST rate of 28 percent. After March 2026, these vehicles – and all other goods that attract compensation cess ...

Compensation cess has, in its previous avatars, been imposed on luxury, sin, and demerit goods while charging different rates and in addition to the existing 28 per cent GST.

GST cess is set to expire in two years. What happens starting April 2026 is a decision that the government has to make. "Due to natural calamities, COVID and below revenue-neutral GST rates ...

From fiscal 2018-19 to 2022-23, Karnataka raised its GST and cess revenue by 55.92 per cent, Tamil Nadu’s by 47.98 per cent, Andhra Pradesh’s by 58.78 per cent, Kerala’s by 67.42 per cent ...

Additionally, the GST cess, which is levied on the supply of certain goods and services to compensate for revenue loss to states, came in at Rs 12,300 crore. These figures showcase the widespread ...

state GST of Rs 49,891 crore and Integrated GST (IGST) of Rs 95,853 crore. Cess collection stood at Rs 12,253 crore in March. Due to jump in refunds, the net GST revenue rose 7.3% to over Rs 1.76 ...