New bills have been introduced to change taxes on tobacco and pan masala. The Central Excise Amendment Bill will levy excise duty on tobacc...

FM Sitharaman introduces Health Security National Cess Bill 2025 to replace GST compensation cess on tobacco products, including cigarettes...

India is set to introduce new taxes on tobacco products like cigarettes, pan masala, and gutkha. This move comes as the Goods and Services ...

Cigarette makers ITC and Godfrey Phillips saw their shares fall. This follows the government's announcement of a new health and security ce...

The central government might present a bill during Parliament's winter session. This bill focuses on imposing a levy on tobacco products. I...

The Union finance minister will decide on the date when the new tax rate for these items will be applicable. Currently, such products attra...

India is considering raising the GST on cigarettes and tobacco products to 40% and adding an additional excise duty after compensation cess...

Following 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...

The revenue department also "rescinded" the central excise notification dated February 27, 2010, which deals with excise duty rate on unman...

Pan masala, containing tobacco gutkha, now has a cess rate of 0.61 times the RSP, while the rate for smoking mixtures for pipes and cigaret...

The centre on Friday proposed an amendment in the Schedule of the GST (Compensation to States) Act, 2017in the finance bill which capped th...

The overall tax rate on all tobacco products in India is still very low compared to other middle-income countries, including those in South...

However, seven cesses will continue to be levied under the Goods and Services Tax regime since they pertain to customs or goods which are n...

While the exact cess would be decided by the GST council when the rates are finalised, FM said that the states and the Centre had given the...

The tussle between tobacco trade and the Statutory Tobacco Board on one hand and the Central Excise Department and the AP Agriculture Marke...

Cigarette smokers may have to pay a cess of 5 paise for each stick they light, if a proposal of the Commerce Ministry to shift tobacco grow...

THE commerce ministry has urged FM Jaswant Singh to act expediently on the budget proposal of a 1% cess on cigarettes and use the collectio...