Tobacco stocks mixed, ITC in green as govt tables excise, cess bills; Rs 2,700-11,000 per 1,000 sticks levy on cigarettes

Tobacco stocks mixed, ITC in green as govt tables excise, cess bills; Rs 2,700-11,000 per 1,000 sticks levy on cigarettes

The government's excise duty proposals on cigarettes include a levy of Rs 2,700-11,000 per 1,000 cigarettes: Rs 3,000 per 1,000 cigarettes suggested for up to 65 mm filter sticks; and Rs 4,500 per 1,000 cigarettes for 65-70 mm sticks.

New excise bill: Cigarettes, tobacco products to get more expensive?

Nirmala Sitharaman pitches sweeping excise tax overhaul on tobacco and derivative products with Central Excise (Amendment) Bill, 2025