Additional Excise Duty On Tobacco, Health Cess On Pan Masala To Be Effective From Feb 1
An additional excise duty on cigarettes and tobacco products, and a health cess on pan masala, over and above the highest 40% GST rate, will come into effect from February 1. The cess and excise levies will replace the existing 28% Goods and Services Tax (GST), plus compensation cess, on such ‘sin goods’ which was…
