FM to move bill today for new cess on tobacco, pan masala
The government plans to introduce a new cess on tobacco and pan masala products. This move aims to prevent price drops after the GST compensation cess is phased out, ensuring these 'sin goods' remain costly. The proposed health and security cess will be implemented once notified, potentially before the compensation cess expires in March 2026.
The government plans to introduce a new cess on tobacco and pan masala products. This move aims to prevent price drops after the GST compensation cess is phased out, ensuring these 'sin goods' remain costly. The proposed health and security cess will be implemented once notified, potentially before the compensation cess expires in March 2026.
