gst on tobacco India has a new way to tax tobacco. Will it work? Smoking just got more expensive

Smoking just got more expensive in India. From February 1, tobacco products now attract an effective 40% GST as the Centre rolls out a revised excise duty structure. The new regime links GST on Tobacco Leaves Procured AKGVG & Associates 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 An additional excise duty on cigarettes and tobacco products, and a health cess on pan masala, will come into effect from 1 February. This additional duty is imposed over and above the 40% GST on Tobacco Products Cigarettes, pan masala & gutkha now come under higher taxation [gst update, tobacco tax india, cigarette gst, hike, prices, pan masala gst, gutkha tax, government notification

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