The new levies will replace the 28% GST plus compensation cess that has applied to tobacco products since 2017. With the ...
India introduces higher excise duty on cigarettes and a health cess on pan masala from Feb 1, replacing GST compensation cess ...
An additional excise duty on cigarettes and tobacco products, and a health cess on pan masala, over and above the highest 40 ...
The government will collect Rs 14,000 crore from a new health and national security cess on pan masala in the next fiscal year. This cess, levied over the 40% GST, aims to create a dedicated resource ...
Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...
Gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports, sources said on Sunday.
From February 1, 2026, smokers and pan masala consumers across India are facing a sharp increase in prices following a ...
The net GST collection in January 2026 after refunds was ₹1,70,719 crore compared to ₹1,58,701 crore in January 2025, ...
Gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports, ...
Refunds cooled, slipping 3.1 percent to Rs 22,665 crore. Domestic refunds fell 7.1 percent, while export refunds inched up ...