Cigarettes, Tobacco Products to cost more

Some structural changes in the excise duty on cigarettes, cigars and cigarillos have been made coupled with some increase in rates.

Excise duty on all non-smoking tobaccos such as scented tobacco, snuff, chewing tobacco etc. has been enhanced.

Compounded levy scheme for chewing tobacco and branded unmanufactured tobacco based don the capacity of pouch making machine have been introduced.

Source : Equity Bulls

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