Cess  

With a view to giving more impetus to 'Make in India' push to oil and gas explorers, cess on domestic crude oil may be halved to encourage exploration 
 

Just after finance minister Nirmala Sitharaman announced a slew of measures to revive the economy, the Sensex zoomed over 1300 points. The government has slashed corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies.
 

The GST council had permitted the state government to levy 1% cess on goods and services in Kerala to mobilise resources for rebuilding the flood-hit state. August 1, 2019 marks the first year since Kerala had been hit by floods.

The GST council had permitted the state government to levy 1% cess on goods and services in Kerala to mobilise resources for rebuilding the flood-hit state.

A senior official stated that there had been instances where proceeds from cess collection for dedicated schemes can’t be used entirely due to several reasons like the pace of expenditure of the programme.

Maharashtra's VAT rate is 39%, Karnataka's stands at 30.28% and Delhi 27%. Mumbai, therefore, has the highest price for petrol since State VAT is at 39.12%.