Business Daily from THE HINDU group of publications
Wednesday, Jul 02, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Wednesday, Jul 02, 2008 ePaper | Mobile/PDA Version | Audio |
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Agri-Biz & Commodities
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Tobacco Industry & Economy - Excise and Customs Excise duty on pan masala New Delhi, July 1 Excise duty on pan masala would now be based on production capacity with effect from July 1 this year. Hitherto, an optional scheme existed for payment of excise duty on the basis of compounded levy for pan masala and gutkha. The new mandatory scheme, based on production capacity, has been notified by the Government, an official release said here today. The new scheme will help tackle excise duty evasion in the sector. — Our Bureau More Stories on : Tobacco | Excise and Customs
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