In accordance with the fiasco help cess presented in Kerala a year ago after the storm surges of 2018, the focal government is thinking about a cataclysm cess on Goods and Services Tax (GST) to hold over the monetary emergency activated by the coronavirus pandemic, The Indian Express has learned.
Sources said that a proposition to raise extra income from GST, barring merchandise and enterprises in the five percent chunk, is with the Finance Ministry.
Notwithstanding, when reached by The Indian Express, in any event two-state Finance Ministers — from Kerala and Assam — said that such a move would "not be a smart thought" as the business is as of now confronting an "immense emergency". The issue will be raised at the following GST Council meeting, which is relied upon to be held in half a month, sources said.
Big News: No Cess on GST for Now quotes Finance Ministry
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May 24, 2020
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