A section of the business community believes putting additional cess on demerit goods is "wrong in principle" in the GST regime as it defeats the purpose of unified taxation. Advisory Alert ...

The sellers body is of the view that a fifth GST slab of 35 per cent on demerit goods such as aerated beverages, cigarettes and tobacco, and pricing-based rate structure will materially and ...

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. The income generated ...