Excise duty on tobacco: Manufacturers to install CCTV, preserve footage for 24 months from February 1New rules mandate chewing tobacco and gutkha makers install CCTV systems by February 1. Footage must be kept for 24 months. Manufacturers w...
01 Jan, 2026, 03.31 PM IST
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
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...
04 Dec, 2025, 06.16 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
Both GST and Excise duty can be imposed on tobacco: Karnataka HCThe Karnataka High Court has ruled that the Union government is entitled to levy Central GST (CGST) as well as excise duty on tobacco and t...
05 Oct, 2022, 12.25 PM IST
Public health groups, doctors urge govt to hike excise duty on tobacco products in next Union BudgetPublic health groups, along with economists and doctors, have urged the government to increase excise duty on all tobacco products in the U...
12 Dec, 2021, 04.33 PM IST
Budget 2017: Arun Jaitley makes smoking, paan masala costlierWhile the Budget did not change the basic excise duty for cigarettes, it increased the additional excise duty for filter cigarettes which w...
01 Feb, 2017, 04.05 PM IST
Cigarette companies gain ground despite duty hike, ITC surges 9%In the previous session also, cigarette stocks had recovered after falling sharply on the excise duty hike announcement.
01 Mar, 2016, 02.42 PM IST
Budget 2016: Excise duty hike on tobacco products will have negative impact on cigarette companiesITC, the country’s largest cigarettes seller, did not respond to the mail seeking comment on the latest excise hike in the national budget.
29 Feb, 2016, 05.50 PM IST
Budget 2016: Excise duty on tobacco products up by 10-15%; cigarettes set to cost moreCigarette prices are set to go up for the fifth successive year in India with the Budget announcing 10-15% increase in excise duty for all ...
29 Feb, 2016, 05.15 PM IST
Budget 2016: NOTE wants Excise duty to be hiked for 'bidis' as wellUnion Finance Minister Arun Jaitley, in the budget presented today, increased Excise duty on tobacco products by 10 to 15 per cent, but exe...
29 Feb, 2016, 04.27 PM IST
Budget 2015: Cigarette prices to go up by 10-15%Smoking is going to be costlier yet again with the budget increasing excise duty on cigarettes and cigars for the fourth consecutive year.
28 Feb, 2015, 02.53 PM IST
Budget 2014: Excise duties on cigarettes, tobacco, pan-masala, gutka hikedCigarette price is going to go up by 12-14% for regular length cigarettes whose excise duty has been increased by 11-21%.
10 Jul, 2014, 06.18 PM IST
Pan masala makers under scanner for possible excise duty evasionPan masala manufacturers have come under the scanner of the central revenue department for possible excise duty evasion.
05 Feb, 2014, 07.02 PM IST
5% export duty on iron ore pellets; excise hiked on gutkhaThe government today imposed a five per cent export duty on iron pellets, a critical raw material for the steel industry, and raised excise...
28 Jan, 2014, 03.34 AM 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 cigarettes
Industry body, ASSOCHAM has recommended retention of single-point central, specific duty structure for cigarettes.
09 Feb, 2011, 01.05 PM IST