gst on tobacco GST's Impact India's Industry: An Analysis The government may soon raise
The government may soon raise GST on cigarettes and tobacco products as the current compensation cess ends in March 2026. Officials aim to sustain tax revenue without a new cess. Currently taxed The government has notified Feb 1, 2026 to roll out a new tax structure for sin goods, ending the GST compensation cess and adding fresh levies on top of GST. Pan masala ITC Share Price Tumbles As GST Panel Suggests 35% Tax On Cigarettes, Tobacco GST compensation cess on tobacco to end Feb 1 as Centre rolls out a new tobacco tax framework. Visit the website to learn more! #gst #gstcess #tobaccotax #taxreform #indianeconomy #policyupdate #financialnews #businessnews # The Indian government has announced higher GST rates on tobacco related products starting February 1. Pan masala, cigarettes, tobacco and similar items will now attract a 40% GST, while biris will be taxed
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