Category : Search result: GST on cigarettes


Eternal Gets ₹3.69 Crore GST Penalty Notice

Zomato's parent company Eternal faces a ₹3.69 crore GST penalty from West Bengal tax authorities for the 2019-20 period. The firm plans to appeal the order. Details inside.

AIMIM, BJP Clash Over GST in Telangana Assembly

A war of words erupted in the Telangana Assembly over the GST Amendment Bill. AIMIM's Akbaruddin Owaisi boycotted, citing economic ruin, while BJP defended the tax regime. Read the full debate.

Punjab GST collection dips 7% after Centre's tax reforms

Punjab's GST revenue falls by 7% after central tax reforms, with a Rs 511 crore shortfall in three months. Finance Minister Harpal Cheema blames the Centre, raising concerns over state finances ahead of 2027 polls. Read more.

Goa GST Collections Fall 3% in December

Goa reports a 3% drop in GST revenue for December, with CM Pramod Sawant citing a slowdown. State among 12 with declining collections. Read the full analysis.

ITC Stock Hits 52-Week Low on New Tobacco Tax

ITC share price crashed over 5% to ₹345.35 after the government announced a fresh excise duty on cigarettes. Get the full details on the market impact and new tax rates effective February 1.

Punjab OTS Scheme Extended to March 31, 2026

Punjab govt extends OTS scheme deadline to March 2026, offering 100% waiver on interest & penalties for pre-GST disputes. A relief for traders & industry. Apply now!

GST Collection Holds Strong at Rs 1.76 Lakh Crore

India's GST revenue for December 2024 stands at a robust Rs 1.76 lakh crore, including cess, demonstrating continued buoyancy despite rate rationalization. Explore the detailed analysis.

GST Revenue Hits Rs 1.75 Lakh Crore in December 2025

India's GST collections surged to Rs 1.75 lakh crore in December 2025, a 6.1% yearly rise. The April-December FY26 period saw 8.6% growth. Discover how recent tax reforms are driving this record revenue.

ITC stock crashes 10% on new tobacco excise duty

ITC shares tumbled nearly 10% to a three-year low after the government announced a new excise duty on cigarettes. Analysts warn of price hikes and volume impact. Read the full analysis.

New Excise Duty on Tobacco Products Effective Feb 2

The Indian government has levied an additional excise duty on tobacco products like cigarettes and bidis. The new duty, effective February 2, aims to boost revenue. Learn about the impact on prices and industry.

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