Lok Sabha passes Bill to levy excise duty on tobacco https://www.taxtmi.com/news?id=63507 The Central Excise (Amendment) Bill, 2025, substitutes the tariff table for tobacco in the Fourth Schedule to the Central Excise Act to enable higher excise duties on tobacco and related products once the GST compensation cess ends, specifying revised percentage and specific rates for unmanufactured tobacco, cigars, cigarettes by length/filter, and chewing tobacco. en-us Wed, 03 Dec 2025 18:31:03 +0530 Wed, 03 Dec 2025 18:31:03 +0530 TaxTMI RSS Generator Lok Sabha passes Bill to levy excise duty on tobacco https://www.taxtmi.com/news?id=63507 The Central Excise (Amendment) Bill, 2025, substitutes the tariff table for tobacco in the Fourth Schedule to the Central Excise Act to enable higher excise duties on tobacco and related products once the GST compensation cess ends, specifying revised percentage and specific rates for unmanufactured tobacco, cigars, cigarettes by length/filter, and chewing tobacco. News - Wed, 03 Dec 2025 18:31:03 +0530 https://www.taxtmi.com/news?id=63507