Cigarettes, tobacco to be costlier from Feb 1 as Centre imposes additional excise duty
The Ministry of Finance imposed an additional excise duty on cigarettes and other tobacco products, effective February 1, 2026.
The Ministry of Finance imposed an additional excise duty on cigarettes and other tobacco products, effective February 1, 2026.
Introduced on December 1, the bill amends the Central Excise Act, 1944.
The bill, introduced on December 1, amends the Central Excise Act, 1944, to adjust tax rates while discontinuing the compensation cess once its liabilities are settled.
