FMCG Sector

* Cigarettes to attract 15% surcharge on existing excise duty

* Dividend tax reduced to 10% from 20%

* Imported consumer goods to attract countervailing duty (CVD) to be levied on MRP basis on consumer goods.

* Imported tea and coffee to attract higher import duty of 70% versus the existing 35%

* Custom duty on imported soda ash reduced from 35% to 20%

* Soft drinks and aerated drinks to attract lower excise duty of 32%