GST Council to discuss extending cess levy till 2024

The 42nd GST Council meeting is all set to discuss a whole host of issues proposing compliance relaxations, finding a solution to the on-going compensation cess issue of states and whether can the rate be reduced for ayurvedic hand sanitizers, sources told CNBC-TV18. The GST Council, which is set to meet on 5th October, will take a detailed view on the two options of borrowings given by centre, to…