New Delhi: The combination of GST and the machine-capacity-based cess levy on pan masala manufacturing will create a comprehensive tax architecture that improves detection of evasion and protects tax ...
The Centre has notified a sweeping overhaul of tobacco taxation and regulation, bringing back a strengthened central excise framework alongside major changes in the Goods and Services Tax (GST) regime ...
New tax rules for pan masala manufacturing will be effective February 1. A health and national security cess will be added to the Goods and Services Tax. This dual system will track both sales value ...
At the time of the introduction of the GST on July 1, 2017, a compensation cess mechanism was put in place for 5 years till June 30, 2022, to make up for the revenue loss suffered by states on account ...
NEW DELHI: The government on Wednesday formally annulled the vestige of compensation cess on sin goods such as cigarettes and tobacco products from the Goods and Services Tax regime as decided by the ...
A division bench comprising Justice Arvind Kumar and Justice N V Anjaria issued notices to the Union of India on December 15, asking it to file its response by March 25, 2026. Indian automobile ...
GST compensation cess proceeds—which was levied only on tobacco in December – fetched ₹4,536 crore, down from ₹11,471 crore the previous December, when the levy covered all items on the 28% ...
The Ministry of Finance on Thursday (January 1, 2026) issued a series of notifications that would bring into effect the new taxation regime for tobacco products from February 1, 2026. First of all, it ...
The move suggests that tobacco and products will come under the new tax regime comprising excise duty, 40% GST, and the health and national security cess.(Mint) New Delhi: The Centre on Wednesday ...
The gross goods and services tax (GST) collections, including cess, came in at Rs 1.79 lakh crore in December 2025 (November transactions), recording a year-on-year growth of 1.3%, reflecting a ...
Union Finance Minister Nirmala Sitharaman on Thursday informed the Lok Sabha that the proposed Health and National Security Cess will not be levied on essential commodities but would be imposed on the ...
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 ...