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Tobacco tax hike: 40% GST from Feb. 1, govt clarifies excise duty based on machine capacity, not production
From Feb 1, pan masala, cigarettes, tobacco and similar products will attract a GST rate of 40%, while 'bidis' will attract ...
The government has restored excise duty on cigarettes and introduced a machine-capacity cess on pan masala to curb evasion, ...
The total tax incidence on pan masala, after taking into account 40 per cent GST, will be retained at the current level of 88 ...
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