The government has imposed additional excise duty on tobacco products like cigarettes, effective 1 February 2025. That pulled down stocks of ITC and Godfrey Philips. Image for representational purposes only. (Pixabay) This is a developing story. More to come. Source link
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 56th GST Council on September 3. The 56th GST Council decided to remove compensation cess in a phased manner until the remaining […]
