GST growth comparisons can’t be 'apples and oranges' says CBIC; hits back at 'misleading' claims
The CBIC stated that comparing GST revenue figures using different tax bases is misleading. Growth calculations must be made on a like-for-like basis for meaningful analysis. The compensation cess was discontinued on most items from September 2025. Since then, no compensation cess has been collected by the government. Fair analysis requires comparing comparable datasets for accurate insights.
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
