gst on tobacco The Indian government has announced higher rates tobacco-related products starting February 1. Pan masala, cigarettes, and similar items will now attract a 40% GST, while biris will be taxed GoM proposes a #GST hike
GoM proposes a #GST hike for tobacco products & aerated beverages. Are you aware of how much GST you're actually paying? Know in the thread below. # GST #Expenses #taxes India has a new way to tax tobacco. Will it work? New GST Rates: 40% on Luxury Goods and Tobacco Products, Insurance Policies Exempted News18 Tobacco Products May Face Additional Levy As Government Weighs Post Cess Tax Options Exclusive 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
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