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According to reports, the industry has requested a consistent additional compensation cess on cigarettes, bidis, smokeless tobacco products, and/or lower compensation cess on cigarette sticks up to 70 mm, , gst panel, goods and services tax, Tobacco Products
Ministers' panel on rate rationalisation is likely to suggest withdrawal of exemptions given to hospitals with room rates more than Rs 5,000 per day
Read more about GST Council meet: Decision on tax cuts on Covid-19 vaccines by June 8 on Business Standard. The issue of GST rates on vaccines and other Covid-related supplies will be reviewed by a Group of Ministers (GoM).