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    <title>Sitharaman introduces 2 bills in LS to levy excise duty on tobacco, cess on pan masala</title>
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    <description>The Central Excise (Amendment) Bill, 2025, proposes reinstating central excise duty on tobacco and related products at specified ad valorem and specific rates so that sales will attract 40% GST plus excise after the compensation cess ends. The Health Security se National Security Cess Bill, 2025, proposes a new cess on manufacture of specified goods such as pan masala, with notification power for additional goods, to enable targeted funding for public health and national security and to preserve overall tax incidence following cessation of the GST compensation cess.</description>
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