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Budget 2023: Hike in cigarette tax, higher spend on rural schemes on anvil for FMCG cos
Budget 2023: Hike in cigarette tax, higher spend on rural schemes on anvil for FMCG cos
2023-1-30 01:00 pm
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While taxation of tobacco is primarily under the purview of the GST Council, the central government also levies a National Calamity Contingent Duty (NCCD) on cigarettes, which is subject to changes in the Budget.
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