DGGI officers arrest Kapil Chugh over Rs 1,825 cr GST refund fraudDGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summo...
20 Apr, 2026, 09.47 PM IST
Sector rotation underway: 3 themes to watch for your portfolio, says Devang MehtaIndia's stock markets are experiencing a sector rotation, with consumption stocks like tobacco and alcobev surging after years of quiet. In...
20 Apr, 2026, 10.37 AM IST
FMCG sector set for steady Q4 on rural demand and volume growthThe FMCG sector anticipates a steady March quarter, buoyed by stable rural demand and urban recovery, despite subdued pricing in some segme...
20 Apr, 2026, 06.01 AM IST
Central Excise (Amendment) Bill, 2025: Govt tables bill for new levies on cigarettes, pan masala and gutkhaFM Sitharaman introduces Health Security National Cess Bill 2025 to replace GST compensation cess on tobacco products, including cigarettes...
01 Dec, 2025, 01.05 PM IST
GST 2.0 reforms: Centre mulls extra duty on tobacco, states want shareTo maintain overall taxation on tobacco products post GST 2.0 reforms, the Centre may impose additional excise or special duty above the pr...
21 Aug, 2025, 05.55 PM IST
Smokey Affair: GST on cigarettes, tobacco products may be raisedIndia is considering raising the GST on cigarettes and tobacco products to 40% and adding an additional excise duty after compensation cess...
20 Feb, 2025, 10.18 AM IST
Cigarette stocks ITC, Godfrey Phillips, VST down up to 4%. Here's whyFollowing the news, VST Industries shares fell 4% to day's low of Rs 287.20, Godfrey Phillips stock fell about 4% while ITC fell over 2% to...
20 Feb, 2025, 10.13 AM IST
Cigarettes, tobacco items, aerated beverages may attract higher 35% GST; decision on Dec 21Tobacco GST Hike: The Group of Ministers on GST rate rationalisation decided to increase tax on aerated beverages, cigarettes, and tobacco ...
03 Dec, 2024, 01.55 PM IST
Pan masala makers to pay Rs 1 lakh penalty from October 1 for failure to register machines with taxmenThe Central Board of Indirect Taxes and Customs (CBIC) on August 6 notified October 1, 2024, as the date for levy of up to Rs 1 lakh penalt...
07 Aug, 2024, 12.18 PM IST
GSTN rolls out form for tobacco manufacturers to report inputs, outputs to tax authoritiesThe GST Network (GSTN) has introduced a new form, GST SRM-II, for manufacturers of pan masala and tobacco products to report inputs and out...
08 Jun, 2024, 01.18 PM IST
GSTN rolls out special procedure for tobacco manufacturers to register machines with tax authoritiesThe GST Network (GSTN) has introduced an online facility for manufacturers of pan masala, gutkha, and similar tobacco products to register ...
17 May, 2024, 02.19 PM IST
Sale of single cigarettes to be banned by Parliament to reduce tobacco consumptionEmphasizing the side effects of tobacco, the Standing Committee has proposed a ban on the sale and production of all single cigarettes to t...
12 Dec, 2022, 12.15 PM IST
Farmers ask Government to roll back 5% GST on raw tobaccoAccording to FAIFA, raw tobacco and unmanufactured tobacco were exempted from the central excise from the time of Charan Singh government c...
13 Jun, 2017, 02.03 PM IST
Include bidi in demerit goods under GST regime, oncologists urge PM Narendra ModiThe demand from leading oncologists and 108 cancer hospitals under the aegis of the state-funded National Cancer Grid (NCG), comes ahead of...
22 Apr, 2017, 05.41 PM IST
Include all tobacco products in demerit goods category: ExpertsIn a letter to the Finance Minister, the state-based outfit has pointed out that classifying different products in lower rate slabs will le...
16 Feb, 2017, 02.28 PM IST
Remove anomalies across sectors before GST rollout: ReportFor the telecom sector, the paper cautioned that GST may negatively impact the working capital cost since initial landed price of purchases.
02 Nov, 2016, 04.35 PM IST
'Sin Tax' on tobacco below 40% to have negative impact: Voluntary Health Association of AssamVHAA demanded at least 40 per cent sin tax with a provision for states' right to impose top-up taxes on all types of tobacco, like cigarett...
02 Nov, 2016, 12.54 AM IST