https://www.taxtmi.com/article/detailed?id=15658 Two Acts amend indirect-tax treatment of specified goods and production processes: the Central Excise (Amendment) Act, 2025 revises central excise duty rates on tobacco and tobacco products to maintain tax levels alongside GST and compensation cess; the Health Security and National Security Cess Act, 2025 levies a cess on machinery or processes used to manufacture specified goods (initially pan masala), directing proceeds to the Consolidated Fund for national security and public health and prescribing levy, calculation, administration, audit and appeal mechanisms. GST administrative updates include a 31 December filing deadline and an IMS upgrade requiring recipient confirmation to determine ITC reduction upon credit-note acceptance. en-us Fri, 26 Dec 2025 07:48:28 +0530 Fri, 26 Dec 2025 07:48:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15658 Two Acts amend indirect-tax treatment of specified goods and production processes: the Central Excise (Amendment) Act, 2025 revises central excise duty rates on tobacco and tobacco products to maintain tax levels alongside GST and compensation cess; the Health Security and National Security Cess Act, 2025 levies a cess on machinery or processes used to manufacture specified goods (initially pan masala), directing proceeds to the Consolidated Fund for national security and public health and prescribing levy, calculation, administration, audit and appeal mechanisms. GST administrative updates include a 31 December filing deadline and an IMS upgrade requiring recipient confirmation to determine ITC reduction upon credit-note acceptance. Articles Goods and Services Tax - GST Fri, 26 Dec 2025 07:48:28 +0530 https://www.taxtmi.com/article/detailed?id=15658