Finance Ministry not considering calamity cess on GST - Business News, Finance News, Share Market News - Market trendz

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Monday, 25 May 2020

Finance Ministry not considering calamity cess on GST

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 an adversity itself. This would prove to be counter-productive, as sales are already at low volume and the industry is facing a deep crisis for want of demand and likely labour challenges, a source said.

from GST-Small Biz-Economic Times
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