Tag: excise duty on tobacco

Additional excise duty on tobacco, health cess on pan masala to be effective February 1

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Additional excise duty on tobacco, health cess on pan masala to be effective February 1

 The new levies on tobacco and pan masala will be over and above the GST rate, and will replace the compensation cess which is currently being levied on such sin goods. | Photo Credit: Reuters The government on Wednesday (December 31, 2025) notified February 1 as the date from which additional excise duty will be…

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Excise duty to ensure tax incidence on tobacco remains same after GST cess ends: Sitharaman

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Excise duty to ensure tax incidence on tobacco remains same after GST cess ends: Sitharaman

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Winter session of Parliament, in New Delhi, on December 3, 2025. | Photo Credit: Sansad TV via PTI Finance Minister Nirmala Sitharaman on Wednesday (December 3, 2025) said the levy of excise on tobacco will ensure that incidence of tax on the demerit…

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