Several unmanufactured and stemmed tobacco varieties are assigned a 70% rate under the amended schedule. The updated structure consolidates rates across product types for clarity and ...

Excise taxes are sales taxes triggered when you spend money on a particular product, item or service. Federal gasoline taxes are an excise tax. So are state taxes on some vehicle sales, gambling or on ...

The Central Excise (Amendment) Bill, 2025 seeks to revise excise duties on tobacco and related products after the expiry of ...

CESTAT Mumbai rules that sales tax discharged at net present value under a state incentive scheme cannot be included in transaction value for central excise ...

As health coverage expands to tens of millions of Americans--through Medicaid expansion in states and the new state health insurance exchanges that will soon begin selling individual health ...

The Bill proposes an excise duty of 60-70% on unmanufactured tobacco while excise on cigars and cheroots is proposed at 25% ...