30 a litre," he said. Kerala’s concerns about the high central excise duty burden on auto fuel, a part of which is levied in the form of cess, stems from the fact that the Centre does not share proceeds of cess with state governments....
It transfers 41% of its net tax revenue, excluding the collection of cess, to states, according to a formula created by the Fifteenth Finance Commission. The trend of the Centre increasingly relying on cess for revenue collection has irked many states....
The
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2021-07-15 00:00:00.0