Revolutionary Raja Ram for Tax & Economic Reforms
9 months ago
New Crackdown on Unregistered Tobacco Packing Machines in India: Rs 1 Lakh Penalty Imposed This new regulation, introduced in the Finance Bill 2024, aims to curb revenue leakage within the tobacco manufacturing sector.
Effective April 1st, 2024,, manufacturers of pan masala, gutka, and similar tobacco products in India face a significant penalty for non-compliance: a fine of up to Rs 1 lakh per unregistered packing machine.
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