Central Excise Amendment Bill 2025 to Reshape Tax Structure on Tobacco & Pan Masala
The Union government is preparing to introduce the Central Excise Amendment Bill 2025, a move expected to redefine the taxation landscape for tobacco and related demerit products. With the GST compensation cess scheduled to end in March 2026, the legislation aims to ensure continued high tax incidence on products such as cigarettes, hookah tobacco, gutka and chewing tobacco—sectors traditionally taxed to discourage consumption.
Month: Current Affairs - December 01, 2025
Category: Economy, GST Reform, Excise Duty