<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Tobacco excise duty not extra tax, revenue to be shared with states: FM</title>
    <link>https://www.taxtmi.com/news?id=63526</link>
    <description>The government amended the Central Excise Act to reintroduce excise duty on tobacco and tobacco products-specific rates for cigarettes and percentage levies on tobacco by weight-replace the GST compensation cess once it ends, and ensure excise receipts enter the divisible pool to be redistributed to states per Finance Commission recommendations.</description>
    <language>en-us</language>
    <pubDate>Wed, 03 Dec 2025 20:31:03 +0530</pubDate>
    <lastBuildDate>Wed, 03 Dec 2025 20:31:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=869046" rel="self" type="application/rss+xml"/>
    <item>
      <title>Tobacco excise duty not extra tax, revenue to be shared with states: FM</title>
      <link>https://www.taxtmi.com/news?id=63526</link>
      <description>The government amended the Central Excise Act to reintroduce excise duty on tobacco and tobacco products-specific rates for cigarettes and percentage levies on tobacco by weight-replace the GST compensation cess once it ends, and ensure excise receipts enter the divisible pool to be redistributed to states per Finance Commission recommendations.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Wed, 03 Dec 2025 20:31:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=63526</guid>
    </item>
  </channel>
</rss>