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of <h1>GST Cess Extension: Levy and Collection Period Now Until March 31, 2026, per Notification No. 1/2022-Compensation Cess.</h1> The Ministry of Finance, Department of Revenue, issued Notification No. 1/2022-Compensation Cess, stating the implementation of the Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022. These rules, effective from July 1, 2022, establish that the period for the levy and collection of cess under the Goods and Services Tax (Compensation to States) Act, 2017, will extend until March 31, 2026.
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