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UNMANUFACTURED TOBACCO
Budget session: Centre shuts down Opposition push for debates on MGNREGA, SIRParliament's budget session begins Wednesday. Opposition parties want debates on MGNREGA, electoral roll revisions, foreign policy, and the...- 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...
- ITC to double raw tobacco exports to BAT by 2025-26ITC Ltd plans to significantly increase exports of raw tobacco to British American Tobacco (BAT), targeting a value of up to Rs 2,350 crore...
- Godfrey Phillips India shareholders reject proposal to sell unmanufactured tobacco to Philip Morris ProductsAs many as 57.94 per cent of the shareholders present at Godfrey Phillips India's annual general meeting on September 1 voted against the "...
- CBIC restricts IGST refund for export of pan masala, tobacco, mentha oil from Oct 1The Central Board of Indirect Taxes & Custom (CBIC) has imposed restriction on automated refund of Integrated Goods & Services Tax (IGST) f...
- Revenue Department removes additional excise duty on cigarette, tobaccoThe revenue department also "rescinded" the central excise notification dated February 27, 2010, which deals with excise duty rate on unman...
- ITC expects to sell more than Rs 2k-cr worth raw tobacco to BAT in FY24ITC said its proposed transaction with BAT for the next fiscal year would account for around 3.64% of the annual consolidated sales for the...
- ITC to sell Rs 1,990 crore of raw tobacco to British American TobaccoThe conglomerate is also revising the salary of chairman and managing director Sanjiv Puri and two executive directors, Nakul Anand and B S...
- 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...
- Buy Godfrey Phillips, price target Rs 1,440: Kunal BothraThe analyst suggested a stoploss at Rs 1335.
- Radhakishan Damani picks stake in this smallcap firm; stock jumps 6%VST Industries is engaged in manufacturing and sale of cigarettes and unmanufactured tobacco.
- India's tobacco exports rise 7% to Rs 1,447.80 cr in Apr-JunIn volume terms, the export of both tobacco and its products rose by 2.65 per cent to 53,213 tonnes during the April-June quarter of the 20...
- 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...
- Rs 19,293 crore tax collected on tobacco in 2016-17: J P NaddaHe said there was no earmarking of funds to the health care sector out of the funds collected from taxes on tobacco.
- VST Ind tanks over 18% on hike in excise duty on cigarettesThe company has a manufacturing facility at Hyderabad and its principal activities are manufacture, sale of cigarettes and unmanufactured t...
- Budget 2014: Impact on FMCG and pharma & healthcare sectorsFMCG companies engaged in the manufacture of soap would ensure some savings on their raw material cost bill.
- Tobacco exports hit $1 billion mark, thanks to strong dollar, global demand helpThis year, India reported exports of Rs 6,059 crore ($1.001 billion), a 22% growth over the previous year’s Rs 4,979 crore ($914.43 million...
- 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...
- India emerges as second largest global tobacco producerA sharp rise in the manufacture and export of tobacco in the last two months has led India to be the second largest producer.
- Andhra tobacco auctions jump 18 percentThis year’s auction of FCV (Flue-Cured Virginia and smoked in cigarettes) tobacco in Andhra Pradesh has concluded.
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