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CIGARETTES TAX LEVY
IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'- 'Wake up ITC shares’: Fund manager uses Mughal-e-Azam meme as stock refuses to participate in Dalal Street celebrations amid India-US trade deal
- Higher excise, health cess to kick in on tobacco products, pan masala from February 1
- ITC, Godfrey Phillips shares crack up to 19% on New Year’s Day. What’s the bad news?Tobacco stocks like ITC and Godfrey Phillips saw significant drops on Thursday. This follows the finance ministry's notification of an addi...01 Jan, 2026, 02.20 PM IST
- Explained: Why ITC shares jumped after GST overhaul hit cigarettesITC Limited shares experienced a surge following the government's GST revision. The GST Council is streamlining tax slabs, potentially bene...04 Sep, 2025, 11.53 AM 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
- Budget 2025: Will FM Nirmala Sitharaman increase 'sin tax'?The Indian government held steady on sin taxes for tobacco in the latest budget. Cigarette taxes remained unchanged. A proposed 35% GST on ...20 Dec, 2024, 03.25 PM IST
- Revenue Department removes additional excise duty on cigarette, tobaccoThe revenue department also "rescinded" the central excise notification dated February 27, 2010, which deals with excise duty rate on unman...02 Jun, 2023, 04.25 PM IST
- Overweight ITC, target Rs 360: Morgan StanleyThe brokerage has set a one-year horizon for the stock to hit the target price.09 Jul, 2019, 01.49 PM IST
- Higher tax on cigarettes keeps industry under pressure: ITCThe cumulative growth in tax incidence on cigarettes, after cognising for the latest increase in cess rates, stands at 202 per cent in last...19 Jan, 2018, 06.17 PM IST
- GST is a positive move for the cigarette companies: Sanjay Manyal, ICICI Securities"As there is anti profiteering clause the prices should go down by at least 5-7% or maybe even more which probably will benefit the compani...03 Jul, 2017, 10.35 AM IST
- Everything you need to know about GST rates declared so farIf you are looking to buy a small car, you may have to shell out some extra money once GST is implemented because of an additional cess.19 May, 2017, 05.40 PM IST
- GST: Pan masala gutkha to attract 204% cess, SUVs 15%The Centre and states have agreed to impose cess on demerit and luxury goods under the Goods and Services Tax regime, over and above the pe...19 May, 2017, 10.40 AM IST
- Proposal of 40% GST on aerated drinks, tobacco could severely hit both sectorsExisting excise duty levied on the Rs 14,000-crore soft drink industry, comprising mainly of Coca-Cola and PepsiCo, is 18%.05 Dec, 2015, 02.39 AM IST
- Increase taxes on tobacco products to curb demand: WHOEven as India made progress in increasing taxes on cigarettes between 2012-14, it has little effect as the "modest hikes" were compensated ...07 Jul, 2015, 06.32 PM IST
- Budget 2012: Maintain tax stability in excise rates for cigarette/tobacco industry, says FICCIExcise Duty rates should be kept unchanged to leverage the tax efficiency of cigarettes by encouraging shifts from non-cigarette forms of c...17 Feb, 2012, 04.41 PM IST
- Budget 2011: ASSOCHAM recommends retention of single-point central, specific duty structure for cigarettesIndustry body, ASSOCHAM has recommended retention of single-point central, specific duty structure for cigarettes.09 Feb, 2011, 01.05 PM IST
- Assocham seeks removal of VAT on cigarettesIndustry body Assocham has called for the removal of the 12.5% value added tax (VAT) on cigarettes and other tobacco products.10 Apr, 2007, 03.22 AM IST
- VAT on cigarettes a huge burden on ITC: DeveshwarITC Ltd, the country's biggest tobacco firm, would face a "huge burden" due to the proposed levy of Value Added Tax (VAT) on cigarettes in ...23 Mar, 2007, 04.30 PM IST
- Industry opposes VAT on cigarettesTobacco industry has urged finance minister P Chidambaram to retain the specific duty structure on cigarettes and make it an exception to v...19 Feb, 2007, 02.46 AM IST
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