Excise duty provisions for Pan Masala and Gutkha notified

New Delhi, July 1 (UNI) The government today notified a mandatory scheme of payment of excise duty based on the capacity of production of Pan Masala in place of the optional scheme.

To date, an optional scheme existed for the payment of excise duty on the basis of compounded levy for Pan Masala and Gutkha.

However, with effect from today the Government has notified the mandatory scheme of payment of excise duty based on capacity of production for pan masala, whether or not containing tobacco, manufactured with the aid of packing machine and put up in pouches.

The scheme is not applicable to pan masala, not containing tobacco, with betel nut content not exceeding 15 per cent and pan masala containing tobacco or gutkha, packed manually or put up in a form of packing other than pouches, that is tin packs.

UNI GS SR RK2155