cesser

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cesser

the coming to an end of a term interest or annuity.
References in periodicals archive ?
Central taxes being replaced by the GST are service tax, special additional customs duties (SAD), additional Excise duties on goods of special importance, central excise, additional customs duties, excise on medicinal and toilet preparations), additional excise duties on textiles and textile products, and cesses and surcharges.
The Centre, as a non- beneficiary, has to compensate and the proposal for continuing existing cesses for five years to the extent of compensation required is the more benign way of compensating the losing states without burdening the honest tax payer, he said.
Therefore, to increase its share of revenues, the Centre decided to make the most of the cess regime, because money collected through cesses is not shared with the states.
The single biggest chunk of cesses is on petroleum products and crude oil.
Dubai: India's goods and services tax (GST) will be a destination-based tax that will replace the current Central government taxes and duties such as Excise Duty, Service Tax, Counter Veiling Duty (CVD), Special Additional Duty of Customs (SAD), central charges and cesses and local state taxes, such as; Value Added Tax (VAT), Central Sales Tax (CST), Octroi, Entry Tax, Purchase Tax, Luxury Tax, state cesses and surcharges and Entertainment tax (other than the tax levied by the local bodies).
It also points out that only part of the funds obtained through a number of other cesses are accounted for.