India Puts Excise Duty on Cigarettes From Feb 1. Here's Why It Matters | Vantage With Palki Sharma

Описание: India has introduced a new excise duty structure on cigarettes, effective February 1. The revised system links tax rates to cigarette length, with longer cigarettes attracting higher duties. This change comes in addition to the existing 40 percent GST and marks the first major update to tobacco taxation since 2017. Short cigarettes will now face a duty of just over two rupees per stick, while longer variants may attract five rupees or more. The government says the move aligns with global public health practices. Tobacco stocks fell following the announcement, reflecting concerns over higher costs and reduced demand.

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Cigarettes | Excise Duty | GST | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#cigarettes #exciseduty #gst #firstpost #vantageonfirstpost #palkisharma #worldnews

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