Sitharaman moves bills in LS to levy excise on tobacco, cess on pan masala post GST cess ends
New Delhi: Finance Minister Nirmala Sitharaman on Monday moved two new bills in the Lok Sabha that look to repurpose levies on ‘sin goods’ such as tobacco, pan masala, and related products ahead of the scheduled phaseout of the GST compensation cess levied on them. The Central Excise (Amendment) Bill seeks to levy excise duty…
