https://www.taxtmi.com/article/detailed?id=15549 Two Bills propose fiscal changes: the Health Security se National Security Cess Bill creates a machine/process based cess on specified goods (primarily pan masala), computed by machine speed, capacity and packed weight, with registration, returns, audit, enforcement and penalties; the Central Excise (Amendment) Bill replaces the compensation cess with a new central excise duty framework imposing higher rates on cigarettes, unmanufactured tobacco and nicotine/inhalation products. Both levies are additional to GST and will be implemented from notified dates after enactment. en-us Thu, 04 Dec 2025 09:23:54 +0530 Thu, 04 Dec 2025 09:23:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15549 Two Bills propose fiscal changes: the Health Security se National Security Cess Bill creates a machine/process based cess on specified goods (primarily pan masala), computed by machine speed, capacity and packed weight, with registration, returns, audit, enforcement and penalties; the Central Excise (Amendment) Bill replaces the compensation cess with a new central excise duty framework imposing higher rates on cigarettes, unmanufactured tobacco and nicotine/inhalation products. Both levies are additional to GST and will be implemented from notified dates after enactment. Articles Goods and Services Tax - GST Thu, 04 Dec 2025 09:23:54 +0530 https://www.taxtmi.com/article/detailed?id=15549