Prices of cigarettes, luxury cars, more to be hiked? Calamity Tax axe hangs heavy on sin goods
The Finance Minister said that apart from senior Union ministers, the panel would comprise members from the North Eastern, hill and coastal states which are most vulnerable to natural calamities. The GoM would evaluate all possibilities and submit its recommendations in the next few weeks after which another GST Council meeting will be called.
Arun Jaitley said that there was a need to have best legal methodologies to address the issue while keeping the constitutional provisions in mind. Image source: PTI