GST Council likely to consider hiking cess on sin goods, amongst other options to garner funds for states' compensation

The upcoming GST Council, which shall meet on only single point agenda, anytime in August, to iron out measures to meet the compensation requirements, is likely to discuss three top suggestions to raise compensation funds. "The council is likely to discuss the proposal sent by some states on hiking the cess percentage on sin goods. Some of the states that have given this suggestion includes, Punja…