At the time of the introduction of the GST on July 1, 2017, a compensation cess mechanism was put in place for 5 years till June 30, 2022, to make up for the revenue loss suffered by states on account ...

The move suggests that tobacco and products will come under the new tax regime comprising excise duty, 40% GST, and the health and national security cess.(Mint) New Delhi: The Centre on Wednesday ...

New Delhi: The combination of GST and the machine-capacity-based cess levy on pan masala manufacturing will create a comprehensive tax architecture that improves detection of evasion and protects tax ...

NEW DELHI: The government on Wednesday formally annulled the vestige of compensation cess on sin goods such as cigarettes and tobacco products from the Goods and Services Tax regime as decided by the ...

New tax rules for pan masala manufacturing will be effective February 1. A health and national security cess will be added to the Goods and Services Tax. This dual system will track both sales value ...

The Ministry of Finance on Thursday (January 1, 2026) issued a series of notifications that would bring into effect the new taxation regime for tobacco products from February 1, 2026. First of all, it ...

Finance Minister Nirmala Sitharaman on Wednesday (December 3, 2025) said the levy of excise on tobacco will ensure that incidence of tax on the demerit good remains same even after the expiry of the ...

A division bench comprising Justice Arvind Kumar and Justice N V Anjaria issued notices to the Union of India on December 15, asking it to file its response by March 25, 2026. Indian automobile ...

GST compensation cess proceeds—which was levied only on tobacco in December – fetched ₹4,536 crore, down from ₹11,471 crore the previous December, when the levy covered all items on the 28% ...

The gross goods and services tax (GST) collections, including cess, came in at Rs 1.79 lakh crore in December 2025 (November transactions), recording a year-on-year growth of 1.3%, reflecting a ...