gst on tobacco Smoking just got more expensive in India. From February 1, products now attract an effective 40% as the Centre rolls out a revised excise duty structure. The new regime links GoM Proposes to Raise GST
GoM Proposes to Raise GST Tier on Tobacco and Sugar Sweetened Beverages GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; Council decision on Dec 21 GST's Impact on India's Tobacco Industry: An Analysis New GST Rates: 40% on Luxury Goods and Tobacco Products, Insurance Policies Exempted News18 ITC Share Price Tumbles As GST Panel Suggests 35% Tax On Cigarettes, Tobacco
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