The farmers' body said the new excise rates — ranging from Rs 2,050 to Rs 8,500 per 1,000 sticks depending on cigarette ...

The Calcutta High Court held that statutory interest under Section 11AB of the Central Excise Act is not leviable where the entire transaction is revenue-neutral and the duty paid is ...

ITC shares fell over 4% on Thursday, hitting a 33-month low after the government announced a new excise duty on cigarettes ...

The Federation of All India Farmer Associations (FAIFA) criticized a new excise duty on tobacco, claiming it harms farmers' incomes while boosting smuggling. FAIFA said the increased rates contradict ...

NEW DELHI, Feb 24 (Reuters) - The reduction of excise duty from 10 percent to 8 percent and service tax rate by 200 basis points is expected to raise demand for Indian products and services in an ...

FAIFA’s reaction follows a notification issued by the Ministry of Finance under the Chewing Tobacco, Jarda Scented Tobacco and Gutkha Packing Machines (Capacity Determination and Collection of Duty) ...

The new excise duty on cigarettes will be levied over and above the goods and services tax. As per the new structure, ...