Total Central Tax of Rs. 19328.81 Crores collected on tobacco products: Highest by collected by UP:

Total Central Tax of Rs. 19328.81 Crores collected on tobacco products: Highest by collected by UP

Total Central Tax of Rs. 19328.81 Crores collected on tobacco products

Total Central Tax of Rs. 19328.81 Crores collected on tobacco products

authorReetudateFeb 25, 2023
Last update on Feb 25, 2023
Total Central Tax of Rs. 19328.81 Crores collected on tobacco products: Highest by collected by UP The Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary in a written reply to a question in the Lok Sabha stated that "Taxes collected from tobacco, similar to taxes collected from other sources, together form part of the overall Gross Tax Revenues (GTR) of the Government of India and are used to fund all schemes and programmes of the Government. In Budget 2022-23, an amount of ₹83,000 Crores has been allocated to fund the requirements of the Department of Health and Family Welfare. This will be met from both capital and revenue receipts of the Government of India." The State/UT Wise details of total central goods and services tax (central tax) paid by suppliers having registered for supply of tobacco products is provided in the Table below:  

About Author

Reetu

Content Manager

Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
Studycafe
Delhi, Delhi, India
8072
Up Next

Loading suggestions…