GST Cess and it’s Applicability
GST Cess GST cess is a compensation cess imposed under section 8 of Goods and Services Tax (Compensation to State) Act, 2017. It would be imposed for a period of 5 years from GST implementation. Both intrastate and interstate supplies of goods or services would attract GST cess over and above the applicable CGST, SGST, and IGST rates. Why is [...]