Budget 2023: Taxes on cigarettes hiked by 16%

Budget 2023: Union Finance Minister Nirmala Sitharaman on Wednesday announced to hike in taxes on cigarettes hiked by 16 per cent.

Budget 2023: An illustration picture shows cigarettes in their pack, October 8, 2014. Pic: Reuters

Budget 2023: Union Finance Minister Nirmala Sitharaman on Wednesday announced to hike in taxes on cigarettes hiked by 16 per cent. This is the first increase in the NCCD on cigarettes since the Union Budget for the financial year 2020-21, in which the government had raised the duty by 2-4 times.

The National Calamity Contingent Duty (NCCD) on specified cigarettes was last revised three years ago.

Description	Excise duty rate (in rupees per 1,000 sticks)
Description	From	To
Other than filter cigarettes, of length not exceeding 65 mm	200	230
Other than filter cigarettes, of length exceeding 65 mm but not exceeding 70 mm	250	290
Filter cigarettes of length not exceeding 65 mm	440	510
Filter cigarettes of length exceeding 65 mm but not exceeding 70 mm	440	510
Filter cigarettes of length exceeding 70 mm but not exceeding 75 mm	545	630
Other cigarettes	735	850
Cigarettes of tobacco substitutes	600	690
(Source: Budget 2023-24)

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