Need clarification on cess
Vageesh Tavarad (Accountant) (140 Points)
13 July 2017Vageesh Tavarad (Accountant) (140 Points)
13 July 2017
Karan Batra
(Creator: TheProTalks)
(2325 Points)
Replied 14 July 2017
In case the goods or service attracts GST cess, cess must be calculated on the basis of the taxable value of the supply and as provided in the GST cess rate schedule. In case GST cess is applicable on goods imported into India, then cess must be levied and collected along with the IGST and customs duty.
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