In FY23, legal cigarette players regained market share from illegal players, given no tax hike for two consecutive years. (IE) Follow Us Although the government on Wednesday proposed a 16% hike in ...
Amid excise duty imposition on cigarettes, there was confusion on whether NCCD will continue or not, following which Finance Ministry sources have given a clarification. From February 1, the National ...
The Dharwad bench of Karnataka high court has upheld the levy of National Calamity Contingent Duty (NCCD) on tobacco products manufactured and sold. "The Finance Act, 2001 sought to levy NCCD on goods ...
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