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 GST: Sin Tax - Why
GST: Sin Tax Why bidis are smoking 18% while cigarettes burning at 40% tax EXPLAINED Economy ET Now Centre imposes extra excise duty on tobacco products, cess on pan masala to take effect February 1 India Today 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 GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; Council decision on Dec 21 Labor build argument against GST change with steep rise in cigarette duty GST The Guardian New GST Rates: 40% on Luxury Goods and Tobacco Products, Insurance Policies Exempted News18
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