ABOUT 16 % INCREASE IN NATIONAL CALAMITY CONTINGENT DUTY ON SPECIFIED CIGARETTES: PROPOSES BUDGET 2023-24


azadi ka amrit mahotsav

While presenting the Union Budget 2023-24 in Parliament today, Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman proposed to revise National Calamity Contingent Duty (NCCD) on specified cigarettes upwards by about 16 percent.

 

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The NCCD on specified cigarettes was last revised three years ago.

NCCD Duty rate on Cigarettes |(with effect from 02.02.2023):

Description of goods

Rate of Excise Duty

From (Rs per 1000 sticks)

To (Rs. Per 1000 sticks)

Other than filter cigarettes of length not exceeding 65 mm

200

230

Other than filter cigarettes of length exceeding 65 mm but not exceeding 70 mm

250

290

Filter cigarettes of length not exceeding 65 mm

440

510

Filter cigarettes of length exceeding 65 mm but not exceeding 70 mm

440

510

Filter cigarettes of length exceeding 70 mm but not exceeding 75 mm

545

630

Other cigarettes

735

850

Cigarettes of tobacco substitutes

600

690

 

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RM/MV/M/PS

 

 



Source PIB