Stay updated with the latest cess news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on cess topics.
The Supreme Court on Monday (April 6, 2026) sought responses from the Centre and others on a plea seeking direction to the authorities to ensure that stray cattle is kept away from national and State highways across the country. A bench of Justices Vikram Nath and Sandeep Mehta issued notice to the Centre and others, including the States, Union Territories and Animal Welfare Board of India, seeking their responses on the plea within four weeks. The bench observed that several States were charg ...Read More >
NEW DELHI: The Supreme Court on Monday sought responses from the Centre and others on a plea seeking direction to the authorities to ensure that stray cattle is kept away from national and state highways across the country. A bench of Justices Vikram Nath and Sandeep Mehta issued notice to the Centre and others, including the states, Union Territories and Animal Welfare Board of India, seeking their responses on the plea within four weeks. The bench observed that several states were charging 1 ...Read More >
New Delhi: The government has marginally exceeded its indirect tax collection target for 2025-26, buoyed by steady inflows from customs, excise and GST, even as collections from a key cess on pan masala fell short of expectations, an official said on Thursday. As per Revised Estimates (RE), total indirect tax collections -- comprising customs duty, excise duty and Central Goods and Services Tax (CGST) -- were pegged at over Rs 15.52 lakh crore for FY26. This included Rs 2.58 lakh crore from cus ...Read More >
New Delhi: A Rajya Sabha member from the Rashtriya Janata Dal (RJD) on Thursday flagged a significant shortfall in the central government's transfer of cess collections to designated funds, citing a Comptroller and Auditor General (CAG) report that revealed lapses spanning five decades. Raising the matter during Zero Hour, RJD MP A D Singh from Bihar said the CAG has found that as of FY 2023-24, the government failed to transfer as much as Rs 3.69 lakh crore of cess collections to their intende ...Read More >
New Delhi, Apr 2 (PTI) A Rajya Sabha member from the Rashtriya Janata Dal (RJD) on Thursday flagged a significant shortfall in the central government's transfer of cess collections to designated funds, citing a Comptroller and Auditor General (CAG) report that revealed lapses spanning five decades. Raising the matter during Zero Hour, RJD MP A D Singh from Bihar said the CAG has found that as of FY 2023-24, the government failed to transfer as much as Rs 3.69 lakh crore of cess collections to t ...Read More >
In the fiscal year 2025-26 that ended on Tuesday, the state government's own internal resources through revenue collection from major departments looked positive with an estimated collection of ₹56,000 crore as against the target of ₹59,520 crore for the current FY, officials in the state finance department said. The highest collection is from commercial taxes department, which has achieved a growth of 9.20% in state GST collection in FY 25-26 from last year FY 24-25. The total revenue colle ...Read More >
India's Goods and Services Tax (GST) collections closed FY2025-26 on a steady note, with March revenues crossing the ₹2 lakh crore mark, underscoring resilient consumption, strong import activity, and improving compliance even amid global economic uncertainty. Official data show gross GST collections for March 2026 at ₹2,00,064 crore (about $24 billion), marking an 8.8% year-on-year increase from ₹1,83,845 crore a year earlier. Net collections for the month rose 8.2% to ₹1,77,990 crore ($21.4 b ...Read More >
New Delhi [India], December 17 (ANI): Aam Aadmi Party (AAP) MP Raghav Chadha on Wednesday asked the government not to levy toll tax if a person has to wait for more than five minutes at the toll plaza, stating that the tax "sometimes takes the shape of a legalised loot". Raghav Chadha also raised issues regarding the toll tax during Question Hour in the Rajya Sabha earlier today. In an interview with ANI, the AAP MP said the toll tax concept requires well-maintained roads and asked whether cit ...Read More >
The Bill aims to augment resources for meeting expenditure on national security and public health. Union Finance Minister Nirmala Sitharaman on Thursday moved The Health Security se National Security Cess Bill, 2025 in Lok Sabha for consideration and passing in the Lok Sabha. Speaking in the Lok Sabha, "I rise to move that the bill to augment the resources for meeting expenditure on national security and for public health and to levy assess for the said purposes on the machines installed or ot ...Read More >
New Delhi: In a big move, 'The Health Security se National Security Cess Bill, 2025' was passed in the Lok Sabha today. The Bill, as stated by FM Sitharaman in the Lower House, proposes to levy a cess on production of goods such as pan masala and any other goods that may be notified by the central government. Proceeds from the cess will further be used for expenditure towards public health and national security. In a discussion earlier, she added, "A cess is being imposed because the GST system ...Read More >
New Delhi, Dec 5 (PTI) The Lok Sabha on Friday passed a bill to levy a cess on manufacturing units of pan masala, and utilise the fund for strengthening national security and improving public health. Replying to the debate on the Health Security se National Security Cess Bill, 2025, Finance Minister Nirmala Sitharaman said the cess will be shared with the states, as public health is a state subject. The bill was later passed by voice vote by the Lok Sabha. The bill seeks to augment the resour ...Read More >
Besides, The Central Excise (Amendment) Bill, 2025, and 'The Health Security se National Security Cess Bill, 2025' are listed for introduction by Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday. The government has listed nine economic bills, including a bill to amend Insurance Laws and two others to levy tax and cess on sin goods like tobacco and pan masala, for the Winter Session of Parliament beginning Monday. Also, the first batch of Supplementary Demands for Grants for 2025- ...Read More >
New Delhi: With the goods and services tax (GST) rate cut in the next-gen tax reforms, the indirect tax collections impacted to some extent as the GST collection in November recorded meagre growth of 0.7 per cent to reach over Rs 1.7 lakh crore, marking the lowest monthly mop-up since February 2024. The GST collection is related to the goods consumed and services availed in October. The GST rate cut came into effect from September 22, the first day of Navratri. As per the finance ministry's dat ...Read More >
New Delhi, Oct 25 (SocialNews.XYZ) The government has issued a new notification towards bringing a major reform in the customs exemption framework towards ease of doing business. The new notification by Ministry of Finance (Department of Revenue) rationalises and harmonises existing customs duty exemptions across various sectors. The Central Board of Indirect Taxes and Customs (CBIC) has consolidated 31 separate Customs Duty notifications into a single comprehensive document. The sectors covere ...Read More >
New Delhi [India], October 1 (ANI): India's Goods and Services Tax (GST) collections continued their upward trajectory in September 2025, rising by 9.1 per cent to Rs 1,89,017 crore compared to Rs 1,73,240 crore in the same month last year. According to the data released on Wednesday, the figures mark the second consecutive month of robust growth in GST revenues, reflecting sustained economic activity and improved compliance. Also Read | Who is Shravan Mandhana? Know All About India Women's Na ...Read More >
Dehradun (Uttarakhand) [India], September 28 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami interacted with shopkeepers and the traders in Garhi Cantt Market, Dehradun, on Sunday, as part of a public awareness campaign to promote the adoption of indigenous products and spread information about the new GST rates. During the visit, the Chief Minister sought suggestions and feedback from the public regarding the new GST slabs and encouraged them to inform others about the reduced GST rates. ...Read More >
Jaipur (Rajasthan) [India], September 27 (ANI): Union Law and Justice Minister Arjun Ram Meghwal on Saturday lauded Prime Minister Narendra Modi for the swift implementation of the Goods and Services Tax (GST) reforms that have lowered the slab to five per cent on several goods. "The effect of GST 2.0, the next-gen GST reforms, can be seen in the markets. The customers are curious and asking questions while the shopkeepers are explaining it (GST rates) to them. This has become a reality, and we ...Read More >
New Delhi: Maruti Suzuki India Ltd (MSIL), the country's largest passenger vehicle maker, has termed GST 2.0 as a positive tsunami for the auto industry. In an interview with ANI, Partho Banerjee, Senior Executive Officer, Marketing & Sales said that dealer partners are working day and night in showrooms to deliver cars to customers. "Our finance partners are busy sanctioning loans as soon as possible and giving delivery orders so that we can deliver cars to customers. The reason behind this ru ...Read More >
New Delhi [India], September 26 (ANI): Maruti Suzuki India Ltd (MSIL), the country's largest passenger vehicle maker, has termed GST 2.0 as a positive tsunami for the auto industry. Also Read | India vs Pakistan Final History: A Look at Past Results, H2H Record of IND vs PAK Grand Finale Matches Ahead of Asia Cup 2025 Summit Clash. In an interview with ANI, Partho Banerjee, Senior Executive Officer, Marketing & Sales said that dealer partners are working day and night in showrooms to deliver c ...Read More >
New Delhi [India], September 26: In a significant move aimed at boosting the automobile sector, the Government of India has recently announced a reduction in Goods and Services Tax (GST) rates across various vehicle categories. This change is expected to make vehicles more affordable, especially in the small and medium segments, thereby encouraging first-time buyers and expanding household mobility. * This makes them more accessible for first-time buyers and enhances mobility for households. * ...Read More >
LITTLETON, Colorado, Sept 23 (Reuters) - Global shipments of thermal coal - used for power generation - climbed to their highest levels since late 2024 in August on the back of strong import orders by China, Japan and South Korea. The jump in coal purchases came after nine straight months of year-over-year declines in monthly coal exports, which had raised expectations that 2025 may mark the first full-year contraction in global coal trade since 2020. A combination of reduced domestic coal pro ...Read More >
Auto companies have urged the government to allow either an adjustment of accumulated cess with tax liabilities or a refund, warning that otherwise the credits will have to be reversed in their accounting books. Automobile manufacturers are staring at a potential write-off of around ₹2,500 crore in accumulated compensation cess credits, which will lapse on September 22 when the new GST 2.0 rates take effect, as per PTI. Currently, automobiles attract GST at 28 per cent -- the highest slab -- p ...Read More >
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has dismissed a viral social media message that falsely claimed new GST transition benefits would take effect from September 22, 2025. According to the misleading message, the changes would cover areas such as unutilised cess credit, ITC on exempt supplies, and new price adjustment provisions. The CBIC clarified that these claims are factually incorrect and misleading, urging citizens, trade bodies, and businesses to rely only on ...Read More >
Deloitte India Partner MS Mani said : "The increase in collections is in line with the GDP growth data shared recently and would give the policy makers the confidence to move ahead with GST 2.0 reforms slated to be discussed in the GST Council Meeting this week " ICRA Chief Economist Aditi Nayar said while CGST and SGST recorded a double-digit expansion, the growth in IGST and cess collections was tepid, dampening the headline GST increase to 6.5 per cent. ...Read More >
A Think Change Forum report advocates for GST 2.0 to adopt just two slabs -- 5% and 18% -- capping the peak rate at 18% to simplify the tax system. The report, released ahead of a GST Council meeting, suggests this move would boost consumption, improve compliance, and generate higher revenues by eliminating anomalies and reducing litigation. The long-term success of Goods and Services Tax (GST) depends on moving towards a single nationwide rate, and GST 2.0 should be the first step by adopting ...Read More >
New Delhi: GST collection in August rose 6.5 per cent to over Rs 1.86 lakh crore with increased domestic sales, and the upcoming festive season is likely to swell the kitty going forward. The August Goods and Services Tax (GST) mop-up is, however, lower than Rs 1.96 lakh crore collected in July. In August 2024, the collection was Rs 1.75 lakh crore. The gross domestic revenue grew 9.6 per cent to Rs 1.37 lakh crore, while tax from imports dipped 1.2 per cent to Rs 49,354 crore in August. GST re ...Read More >
NEW DELHI: The country's largest carmaker, Maruti Suzuki India (MSIL), said it is hopeful that the Prime Minister's proposal will reduce the GST on small cars to 18%. MSIL chairman RC Bhargava said it is a matter of happiness that the Government has recognised that there are a large number of consumers at the lower end of the market, and they need some help in these difficult times. "We have talked in the past about the concern about the growth rate of the car industry. I won't dwell on this an ...Read More >
Mumbai, Aug 25 (SocialNews.XYZ) The Federation of Automobile Dealers Association (FADA) has urged the government for faster implementation of the proposed GST rationalisation reforms. Even as the festive season is approaching, customers are delaying car purchases in expectation of a GST rate cut, and these delays could turn festive sales into a "whitewash" period, NDTV Profit reported, citing a letter sent by the industry body to the Finance, Commerce, and Heavy Industries Ministries. FADA has ...Read More >
New Delhi, Aug 22 (PTI) The high-powered GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on September 3-4 to discuss moving to a two-slab taxation. In an office memorandum, the GST Council Secretariat said the two-day meeting will be held in New Delhi. The council, comprising finance ministers of all states and UTs besides the Centre, will deliberate on the recommendations by the three GoMs on rate rationalisation, compensation cess and health and life insurance. The Gr ...Read More >
Nirmala Sitharaman presented GST reforms to GoMs. The plan includes slashing tax rates and easing compliance. Tax rates will be at 5 and 18 percent. A 40 percent rate is proposed on sin goods. GoMs will discuss compensation cess and insurance taxation. The GST Council will review the proposal next month. Narendra Modi wants the reforms by Diwali. Finance Minister Nirmala Sitharaman on Wednesday presented to GoMs from states her government's plans for sweeping reforms in the GST regime that invo ...Read More >
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