https://www.taxtmi.com/article/detailed?id=15671 The Central Excise (Amendment) Act, 2025 substitutes the Fourth Schedule tariff table to reintroduce central excise duty as the principal levy on tobacco and tobacco products, replacing the compensation cess where applicable; it prescribes specific and ad valorem rates across defined product categories (including uniform 70% on unmanufactured tobacco, increased per 1,000 cigarette specific rates, expanded slabs for manufactured tobacco and 100% on nicotine/inhalation products) and provides that collections are excise receipts entering the divisible pool for distribution to states. en-us Mon, 29 Dec 2025 09:00:38 +0530 Mon, 29 Dec 2025 09:00:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15671 The Central Excise (Amendment) Act, 2025 substitutes the Fourth Schedule tariff table to reintroduce central excise duty as the principal levy on tobacco and tobacco products, replacing the compensation cess where applicable; it prescribes specific and ad valorem rates across defined product categories (including uniform 70% on unmanufactured tobacco, increased per 1,000 cigarette specific rates, expanded slabs for manufactured tobacco and 100% on nicotine/inhalation products) and provides that collections are excise receipts entering the divisible pool for distribution to states. Articles Goods and Services Tax - GST Mon, 29 Dec 2025 09:00:38 +0530 https://www.taxtmi.com/article/detailed?id=15671