Before the latest notification, cigarettes and other tobacco products were taxed under a layered structure combining GST with multiple cesses, including a compensation levy ...
An additional excise duty on cigarettes and tobacco products, and a health cess on pan masala, over and above the highest 40 per cent GST rate, will come into ...
The new levies will replace the existing structure of 28% GST plus compensation cess that has applied to cigarettes and tobacco products for nearly nine years. With the GST compensation cess set to ...
The government will collect Rs 14,000 crore from a new health and national security cess on pan masala in the next fiscal year. This cess, levied over the 40% GST, aims to create a dedicated resource ...
Starting February 1, India implements a new excise duty regime for cigarettes based on length, alongside a health cess on pan masala and tobacco products. This marks the first significant tax increase ...
Effective February 1, 2026, the government has significantly increased taxes on cigarettes, tobacco, and pan masala. This ...
Utility vehicle major Mahindra & Mahindra (M&M) on Thursday (7 September) said the proposed hike in GST cess on SUVs and bigger cars should not be implemented during the festive season. The company ...
NEW DELHI, Dec 1 (Reuters) - India unveiled two new tax bills in parliament on Monday, aiming to overhaul levies on "sin goods" such as tobacco, a spice mix known as pan masala and other items, ahead ...
An additional excise duty on cigarettes and tobacco products, and a health cess on pan masala, over and above the highest 40 per cent GST rate, will come into effect from February 1. The cess and ...
The cess and excise levies will replace the existing 28 per cent Goods and Services Tax (GST), plus compensation cess, on such 'sin goods' which was there on these items since GST was rolled out on ...