GST compensation cess imposed on taxable supplies and imports to fund state revenue compensation; composition dealers excluded. A GST Compensation Cess is to be levied on the value of specified supplies determined under section 15 of the CGST Act, including imports and supplies on which tax is payable on reverse charge, at rates to be notified on Council recommendation, to provide compensation to States for revenue loss arising from GST implementation; supplies by persons permitted to opt for the composition levy under section 8 of the CGST Act are exempt from this cess.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST compensation cess imposed on taxable supplies and imports to fund state revenue compensation; composition dealers excluded.
A GST Compensation Cess is to be levied on the value of specified supplies determined under section 15 of the CGST Act, including imports and supplies on which tax is payable on reverse charge, at rates to be notified on Council recommendation, to provide compensation to States for revenue loss arising from GST implementation; supplies by persons permitted to opt for the composition levy under section 8 of the CGST Act are exempt from this cess.
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