Central Excise Amendment Bill Passed: Govt Restores Excise Duty on Tobacco | What It Means | ET Now
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Загружено: 2025-12-03
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Central Excise Amendment Bill Passed: Govt Restores Excise Duty on Tobacco | What It Means | ET Now
The Lok Sabha has passed the Central Excise Amendment Bill, reintroducing excise duty on all tobacco products as the GST compensation cess nears its sunset. Finance Minister Nirmala Sitharaman clarified that the move ensures the overall tax burden on tobacco remains unchanged while maintaining a strong health deterrent. Here’s what the change means for pricing, taxation, and public health policy.
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