Budget 2023: Taxes on cigarettes hiked by 16%

Budget 2023: Union Finance Minister Nirmala Sitharaman on Wednesday announced to hike in taxes on cigarettes hiked by 16 per cent.

Budget 2023: Taxes on cigarettes hiked by 16%
Budget 2023: An illustration picture shows cigarettes in their pack, October 8, 2014. Pic: Reuters

Budget 2023: Union Finance Minister Nirmala Sitharaman on Wednesday announced to hike in taxes on cigarettes hiked by 16 per cent. This is the first increase in the NCCD on cigarettes since the Union Budget for the financial year 2020-21, in which the government had raised the duty by 2-4 times.

The National Calamity Contingent Duty (NCCD) on specified cigarettes was last revised three years ago. 

Description Excise duty rate (in rupees per 1,000 sticks)
From To
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
(Source: Budget 2023-24)

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Written By: PTI
Updated: Wed, Feb 01, 2023
06:04 PM IST
New Delhi, PTI
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