Tue, Jun 13, 2023
Nearly 40 per cent of cancer cases are caused by tobacco, alcohol and pan masala, 4 per cent cases are genetic and 10 per cent are related to cleanliness, while there is no clue about 20 per cent cancer cases.
More >
Mon, Mar 27, 2023
The government has brought in amendments in the Finance Bill to cap the maximum rate of GST compensation cess on pan masala, cigarettes and other forms of tobacco and linked the highest rate to their retail sale price. According to the amendment, the maximum GST compensation cess rate for pan masala will be 51% of the retail sale price per unit, from the current cess charge at 135% ad valorem. The rate for tobacco has been fixed at Rs 4,170 per thousand sticks plus 290% ad valorem or 100% of the retail sale price per unit.
Sun, Jan 21, 2018
The Council will look at levying the cess at the manufacturing stage based on production capacity as against the current practice of imposing it on supplies made by the manufacturer
Mon, Jul 03, 2017
Under the GST, a cess is levied on demerit and luxury goods over and above the peak GST rate of 28 per cent.
Fri, May 19, 2017
Get ready to pay a 204 % cess on pan masala gutkha while consumers of aerated water will pay just 12 % cess and people buying large cars have to cough up 15 % cess from July 1.
Mon, Dec 12, 2016
The government had last week mulled over taxing these products under the pretext of making healthier lifestyle choices. This tax, if implemented may share some of the tobacco excise revenue of which 87% is currently paid by cigarette companies.
Fri, Oct 21, 2016
In an exclusive statement to People’s magazine, on Thursday, the former James Bond actor, Pierce Brosnan said that he was shocked to see the misuse of his image in the endorsement of Pan Bahar’s breath freshener which could cause cancer.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
