Ministry sources said that in the present economic scenario during the COVID-19 pandemic, any purported proposal of introducing a calamity cess would be nothing less than adversity itself.
New Delhi: The Finance Ministry is not considering the imposition of calamity cess on the GST as businesses are grappling with low sales and declining demand, sources said. Reports had earlier said that the central government is considering a calamity cess on the Goods and Services Tax, similar to flood cess imposed by Kerala in June last year.
Ministry sources said that in the present economic scenario during the COVID-19 pandemic, any ...
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