Write some articles -- 2

I need you to write some [login to view URL] GST law provides for levy of cess on top of the peak tax rate on demerit and luxury goods like pan masala, tobacco and certain class of automobiles to create a corpus that will be used to compensate states for loss of revenue arising on account of the implementation of the GST in first five years.  The official said a cess of up to 15 per cent is provided in the GST Compensation Law and the final incidence of taxation would be arrived at adding the same to the peak rate.  The cess would be levied in a manner so as to keep the final incidence of taxation at close to current levels, he said.