During the Winter session of Parliament, Finance Minister Nirmala Sitharaman introduced Bills to impose a cess on tobacco and tobacco products.
원본 콘텐츠
Finance Minister Nirmala Sitharaman introduced two Bills in Lok Sabha on Monday, the first day of the Winter session of Parliament, aimed at levying cess on tobacco products and their manufacturing. The finance minister introduced the Central Excise (Amendment) Bill, 2025, and the Health Security se National Security Cess Bill, 2025, in the Lok Sabha after Parliament convened following a brief adjournment till noon. “It will augment the resources for meeting expenditure on national security and for public health, and to levy a cess for the said purposes on the machines installed or other processes undertaken by which specified goods are manufactured or produced, and for matters connected therewith or incidental thereto," FM Nirmala Sitharaman told Parliament. The Central Excise Amendment Bill, 2025 seeks to replace the GST compensation cess currently imposed on all tobacco products, including cigarettes, chewing tobacco, cigars, hookahs, zarda, and scented tobacco. Meanwhile, the ...