India Plans New Levy on Some Tobacco Products After GST Overhaul

India is set to introduce a new health and national security tax on machines used to produce a tobacco-related product, and amend the current compensation levy under the goods and services tax regime.

The Finance Minister Nirmala Sitharaman will table the health security to national security cess bill at the country’s parliament, which meets for its winter session from Monday, according to the list of business published on the lower house’s website.

The bill proposes a levy on the machines installed for production of pan masala, Sitharaman said in the bill, a copy of which was reviewed by Bloomberg. The ...