From 1 February 2026, most tobacco products attract 40% GST with excise-based levies replacing compensation cess. GST will now be computed on MRP instead of transaction ...
Before the latest notification, cigarettes and other tobacco products were taxed under a layered structure combining GST with ...
The vestige of the compensation cess, which will continue on tobacco and tobacco-related items under the new Goods and Services Tax (GST) regime even after September 22, when most of the new rates are ...
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 ...
This guide clarifies the legal and constitutional differences between tax, duty, cess, surcharge, and fee. Understanding ...
Recent GST changes mark key shift towards making cancer care affordable: AIIMS researchers ...