Tag: tobacco levy
‘Tobacco levy neither a new tax nor a cess’: FM Nirmala Sitharaman
The Lok Sabha on Wednesday passed the Central Excise (Amendment) Bill, 2025, with Finance Minister Nirmala Sitharaman emphasising that the proposal restored substantive excise duty on tobacco products that had been drastically reduced after the goods and services tax (GST) introduction, and “is neither a new levy nor a cess”.