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TTB Newsletter for January 3, 2025 Government has notified February 1 as the date from which additional excise duty will be levied on tobacco products, and a new cess on pan masala. The new levies on tobacco and The rise in black market tobacco and cigarette sales has seen a large hit to the federal budget, costing the Commonwealth $6.7 billion in lost revenue annually. Tax increases have lifted the Illicit cigarettes are eating deeper into Southeast Asia's tax base, with a new EU ASEAN Business Council report warning that nearly one in four tobacco products consumed in ASEAN 6 was illicit in 2025.

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