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...
Parliament approves Central Excise (Amendment) Bill, 2025 to levy excise duty on tobaccoParliament has approved a new bill. This legislation will allow for higher excise duty on tobacco products. This change will take effect on...
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...
New GST rates: You missed the deals that may not return nowIndia's GST Council has introduced GST 2.0, cutting rates on essentials to boost consumption before Diwali, while increasing taxes on luxur...
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...
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 ...
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...
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...
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 ...
Govt allows tobacco cos to fill their monthly returns through special procedure till May 15Government extends CBIC's new procedure deadline for pan masala and tobacco product manufacturers till May 15 to improve GST compliance, fa...
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...
DGGI recovers Rs 74.86 crore from tobacco manufacturer for GST evasionThe GST on unmanufactured tobacco is 28 per cent plus 71 per cent compensation Cess. Several incriminating documents and computerised recor...
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...
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...
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...
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.
'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...