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of <h1>India Revises Excise Duty Rates for Pan Masala and Gutkha; New Rates Effective March 1, 2015</h1> The Government of India has amended Notification No. 42/2008-Central Excise to prescribe new duty rates for Pan Masala and Gutkha, effective March 1, 2015. The amendment outlines specific duty rates based on the retail sale price per pouch and the packing speed of machines. The revised Table-1 details rates for various price ranges and speeds, while Table-2 specifies duty ratios for Pan Masala and those containing tobacco. The notification also updates the terminology regarding the number and speed of packing machines. These changes aim to adjust the excise duty framework for these products under the Central Excise Act, 1944.
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