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Government Notifies Retail Sale Price–Based Valuation under GST for Pan Masala, Tobacco and Cigarette Products w.e.f. 1st February 2026
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Parliament has approved the Central Excise Amendment Bill 2025, significantly increasing taxes on tobacco products to maintain overall levies after the GST compensation cess expires. Cigarette excise duty will rise steeply from
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The government may soon raise GST on cigarettes and tobacco products as the current compensation cess ends in March 2026. Officials aim to sustain tax revenue without a new cess. Currently taxed
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