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 GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; Council decision on Dec 21 GoM Proposes to Raise GST Tier on Tobacco and Sugar Sweetened Beverages GST 2.0 tussle: Centre eyes extra duty over 40% slab on tobacco products; states push for 'significant' cut The Times of India Glad to see this proposal on tobacco taxation in GST 2.0. A 40% peak GST rate along with an additional excise duty is exactly what we've been advocating for some time, and
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