gst on tobacco New Rates: 40% Luxury Goods and Products, Insurance Policies Exempted GST's Impact on India's Tobacco

GST's Impact on India's Tobacco Industry: An Analysis 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 GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; Council decision on Dec 21 GST 35% Hike on Tobacco, Cigarettes, and Aerated Beverages ET 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.

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