The government has pushed back against criticism of its GST revenue growth calculations, saying comparisons must be made on a like-for-like basis and not across different tax bases.
The Central Board of Indirect Taxes and Customs (CBIC) said the GST Council had decided to discontinue the compensation cess from September 22, 2025, on all items except tobacco and related products. The cess on tobacco and related products was subsequently removed from February 1, 2026.
1.The GST Council took a decision to discontinue the compensation cess effective from September 22, 2025 on all items except tobacco and related products. The cess levy on tobacco and related products was also removed from February 1, 2026. Accordingly, from the above period,… https://t.co/Ojo532dijH
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
— CBIC (@cbic_india) September 9, 2026
“As from the above period, there is no cess collection,” CBIC said in a post on X.
(This is a developing story)
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.