27th GST council meeting discusses change in GST rate for digital transactions and imposition of Sugar Cess
1. Incentive to promote Digital Transactions:
2. Imposition of Sugar Cess over and above 5% GST and reduction in GST rate on ethanol:
(a) Keeping in view the record production of sugar in the current sugar season, and consequent depressed sugar prices and build-up of sugarcane arrears, the Council discussed the issue of imposition of sugar cess and reduction in GST rate on ethanol in great detail.
(b) The council has recommended for setting up of a Group of Ministers from State Governments to look into the proposal and make recommendations, within two weeks, keeping in mind the views expressed in GST Council in this regard.----------- Similar Posts: -----------