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    HomeNewsOpinionIs fine print in the Finance Bill amendment a risk for ITC?

    Is fine print in the Finance Bill amendment a risk for ITC?

    GST cess on tobacco can now be levied based on retail sale price up to 100 percent of RSP. The target appears to be non-cigarette tobacco products, for now

    Ravi Ananthanarayanan
    March 29, 2023 / 08:05 IST
    Is fine print in the Finance Bill amendment a risk for ITC?

    An enabling provision in the amendment to finance bill allows for a 100 percent cess on retail sale price to be levied on cigarettes and other tobacco products

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