<h1>Government Revises Excise Duty on Pan Masala, Tobacco; Imposes 5% Export Duty on Iron Ore Pellets.</h1> The government has revised the production capacity and increased the excise duty on pan masala and tobacco products, including gutka, chewing tobacco, and filter khaini, based on the average speed of packing machines under the compounded levy scheme. Notifications were issued to specify the amended production and duty rates for these goods. Additionally, a 5% export duty has been imposed on iron ore pellets to address domestic requirements, following a significant rise in exports, which raised concerns about potential shortages. Iron ore fines and lumps continue to face a 30% export duty.