Skip to content
Tuesday, September 15
  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
International Media News

International Media News

International Media News

International Media News

International Media News

  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image-gallery
    • video-gallery
  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image-gallery
    • video-gallery
Home>>Business>>Cigarette, Gutkha Prices Set To Rise From 1 February 2026; Additional Excise Duty On Tobacco Products To Be Levied
Business

Cigarette, Gutkha Prices Set To Rise From 1 February 2026; Additional Excise Duty On Tobacco Products To Be Levied

international media news
January 2, 2026 96 Views0

The Ministry of Finance has notified a major revision in excise duty on cigarettes and tobacco products, effective February 1, 2026.

According to the notification issued on Wednesday, the government has imposed additional excise duty on cigarettes in the range of Rs 2,050 to Rs 8,500 per 1,000 sticks, depending on the length and type of the product.

 
 

The duty will be levied over and above the existing 40 per cent Goods and Services Tax (GST) on tobacco and similar product.

This duty raise comes close on the heels of Parliament passing a Bill aimed at increasing excise duty on tobacco products and their manufacturing.

The Central Excise (Amendment) Bill, 2025, passed by the Parliament recently, aimed at revising excise duties on tobacco and related products after the expiry of the GST compensation cess.

Finance Minister Nirmala Sitharaman had said that the revenue collected will go to the divisible pool, and will be redistributed again (at the 41%) with the States.

“Many members here made the comment that this is a cess. Excise is not a cess. Excise duty existed before GST. Compensation cess is reverting back to the Centre to be collected as Excise duty, which will be redistributed to the States at the 41% allocated,” she had said in the parliament.

Many countries revise tobacco taxes annually, while many link it with inflation, she noted. “Even in India, prior to GST, tobacco rates were increased annually. This was primarily due to health-related concerns, as higher prices or taxes were intended to act as a deterrent so that people would not get into the habit,” she said.

The government is bringing back the excise duty which existed priority to the GST system, she said.The minister said because of various initiatives taken by the government, acreage under tobacco cultivation of over 1.12 lakh acres (45,323 hectare) moved to other crops between 2018 to 2021-22. It has shifted to sugarcane, groundnut, oil palm, cotton, chilli, maize, onion, pulses, and turmeric, she had said. 

Share:

Previous Post

Indian-Origin Zohran Mamdani Sworn In As New York’s First Muslim Mayor

Next Post

Farooq Abdullah Condemns Attacks On Kashmiri Traders, Calls For Unity And Regional Harmony

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

  • Tata Sons board likely to meet this week amid succession concerns, governance impasse
  • UK break-up fears grow as Scotland, Wales, Northern Ireland leaders plan referendum pact
  • ‘Laughable advice’: Assam BJP hits back at Bhupesh Baghel over flood, price rise remarks
  • Ramayana new poster out: Ranbir Kapoor and Sai Pallavi’s ‘Siya-Ram’ look unveiled on Ganesh Chaturthi 2026
  • US Open 2026: Elena Rybakina beats Aryna Sabalenka to win first Women’s singles title

Latest News

Tata Sons board likely to meet this week amid succession concerns, governance impasse

international media news
September 15, 2026

Tata Sons is likely to hold a board meeting on September 17 with multiple interlinked issues on the

UK break-up fears grow as Scotland, Wales, Northern Ireland leaders plan referendum pact

international media news
September 15, 2026

‘Laughable advice’: Assam BJP hits back at Bhupesh Baghel over flood, price rise remarks

international media news
September 15, 2026

Ramayana new poster out: Ranbir Kapoor and Sai Pallavi’s ‘Siya-Ram’ look unveiled on Ganesh Chaturthi 2026

international media news
September 15, 2026

Latest News

Tata Sons board likely to meet this week amid succession concerns, governance impasse

international media news
September 15, 2026

UK break-up fears grow as Scotland, Wales, Northern Ireland leaders plan referendum pact

international media news
September 15, 2026

Popular Categories

  • India
  • World
  • Business
  • Entertainment
  • Sports

Quick Links

  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
All Rights Reserved © International Media News | Website By - Hurl Technologies Pvt. Ltd. | WordPress Theme Ultra News