Shares of three cigarette maker rose by 0.36% ot 2.81% at 11:16 IST on BSE after the government kept cess on cigarettes unchanged at its GST Council meeting on Saturday, 10 March 2018.ITC (up 2.81%), Godfrey Phillips India (up 2.31%) and VST Industries (up 0.36%), edged higher.
In the 26th meeting held on Saturday, 10 March 2018, the Goods and Services Tax (GST) Council recommended the introduction of e-way bill for inter-state movement of goods across the country from 1 April 2018. For intra-state movement of goods, e-way bill system will be introduced from a date to be announced in a phased manner but not later than 1 June 2018.
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