gst on tobacco Rate leaves procured at auction platforms or from farmers Glad to see this proposal
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 New GST Rates: 40% on Luxury Goods and Tobacco Products, Insurance Policies Exempted News18 Impact of GST Rate on the Tobacco Industry GST on Cigarettes, Pan Masala and Gutkha ET 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. GST on cigarettes, tobacco, aerated drinks may rise to 35%: Report : r india 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
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