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Budget 2019: No major impact of excise levy on cigarettes, tobacco products

Cigarettes with tobacco substitutes will now attract an excise duty of Rs 5 per thousand from "nil" earlier

Photo: Reuters
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Photo: Reuters

Dilip Kumar Jha Mumbai
In order to plug structural loopholes, the government has increased the excise duty on cigarettes and tobacco products in Union Budget 2019.
 
While the excise duty has been raised to Rs 5 per thousand in Union Budget 2019 on filter cigarettes of upto 75 millimetre (mm) length and non-filter cigarettes of upto 70 mm length, on other cigarettes it has been raised to Rs 10 per thousand. 

Cigarettes with tobacco substitutes will now attract an excise duty of Rs 5 per thousand from "nil" earlier. 

“This implies very small increase of 0.5 paise per stick for below 75 mm and
Topics : budget 2019