GST ministerial panel seeks finance commission's views on natural calamity cess

A state finance ministers' panel have sought the 15th Finance Commission's views on a proposed cess within the goods and services tax (GST) framework to raise funds for states hit by natural calamities. The group of ministers (GoM) on ‘Modalities for Revenue Mobilisation in case of Natural Calamities and Disasters’ headed by Bihar Deputy Chief Minister Sushil Modi, which was supposed to submi…