gst in tobacco GoM proposes a #GST hike for products & aerated beverages. Are you aware of how much you're actually paying? Know the thread below.π§ # GST #Expenses #taxes Cigarettes have escaped the demerit
Cigarettes have escaped the demerit list of goods on GST and may cost the same as before New GST Rates: 40% on Luxury Goods & Tobacco; Insurance Policies Exempted Govt to Retain 12% GST on Bricks, 28% on Tobacco Despite New Tax Structure 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 GST on Cigarettes, Tobacco, and Aerated Beverages Likely to Increase to 35%
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