The notification replaces cess rates with “Nil” across extensive Schedule entries. The key takeaway is the effective withdrawal of Compensation Cess on the listed goods starting 1 February ...

Starting February 1, new excise duties and a health cess on tobacco and pan masala will be implemented, replacing existing ...

The Supreme Court issued notice on whether accumulated Compensation Cess ITC can be transitioned to GST after the Cess was abolished. The case examines if validly earned credit constitutes "property" ...

The govt also issued orders that the Health Security se National Security Cess Act and the Central Excise (Amendment) Act, ...

India will impose higher taxes on tobacco products and pan masala from 1 February 2026, as the government on Wednesday (31 ...

SMOKING IS set to turn more expensive from February 1 with higher price increases for filters and longer cigarettes. The ...

The government has issued a fresh set of GST notifications reshaping tax rates on tobacco products, scrapping the existing 28 ...

The government has notified February 1 as the date from which additional excise duty on tobacco products, and a health cess ...

An additional excise duty of 91 per cent on gutkha, 82 per cent on chewing tobacco, and 82 per cent on jarda scented tobacco ...

After knocking the doors of Finance Ministry and Prime Minister’s Office (PMO), over ₹2,500-crore Compensation Cess on GST, Indian auto retailers have now approached the Supreme Court praying for ...

Shares of ITC and Godfrey Phillips tanked 10% and 18%, respectively as the finance ministry issued a notification imposing ...

New Delhi: India's new tax regime for tobacco seeks to ensure that any new variants of pan masala—a category the Centre says is highly prone to tax evasion—can be brought under the proposed Health ...