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shopify.com
Excise Tax vs. Sale Tax: How the Two Taxes Work - Shopify
Excise taxes only apply to certain goods, while sales taxes typically apply to all transactions.
Jan 19, 2023
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FACTS & KNOWLEDGE on Instagram: "The Indian government has significantly ramped up the excise duty on tobacco products with the passing of the Central Excise (Amendment) Bill, 2025. This move is designed to ensure that the overall tax burden on cigarettes and related products remains high, specifically to prevent them from becoming more affordable once the GST compensation cess expires. Finance Minister Nirmala Sitharaman has been clear about this objective, stating that the government is "makin
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