Cess Hike On Cigarette
- All
- News
-
ITC Share Price Plunges 15%, Investors Lose Nearly Rs 60,000 Crore
ITC shares fell to Rs 276.90 on the Bombay Stock Exchange, which reduced its market value to Rs 3.37 lakh crore.
-
ITC Plunges 15% On Cigarette Cess Hike, Sensex Down Nearly 200 Points
Shares of Other cigarette makers like Godfrey Phillips India and VST Industries also fell as much as 10.35 per cent and 8.3 per cent respectively.
-
GST Council Hikes Compensation Cess On Cigarettes
Cigarettes have been kept in the highest GST slab of 28 per cent in line with the weighted average VAT rate of 28.7 per cent in the earlier regime.
-
GST Council Hikes Cess On Cigarette To Offset Makers' Windfall
The increase in cess would bring in Rs 5,000 crore of additional tax revenue, the GST council said.
-
ITC Share Price Plunges 15%, Investors Lose Nearly Rs 60,000 Crore
ITC shares fell to Rs 276.90 on the Bombay Stock Exchange, which reduced its market value to Rs 3.37 lakh crore.
-
ITC Plunges 15% On Cigarette Cess Hike, Sensex Down Nearly 200 Points
Shares of Other cigarette makers like Godfrey Phillips India and VST Industries also fell as much as 10.35 per cent and 8.3 per cent respectively.
-
GST Council Hikes Compensation Cess On Cigarettes
Cigarettes have been kept in the highest GST slab of 28 per cent in line with the weighted average VAT rate of 28.7 per cent in the earlier regime.
-
GST Council Hikes Cess On Cigarette To Offset Makers' Windfall
The increase in cess would bring in Rs 5,000 crore of additional tax revenue, the GST council said.
