gst on tobacco New Rates: 40% Luxury Goods & Tobacco; Insurance Policies Exempted gst in tobacco Government Notifies

gst in tobacco Government Notifies Retail Sale PriceBased Valuation under for Pan Masala, and Cigarette Products w.e.f. 1st February 2026 GST on cigarettes, tobacco, aerated 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 #NirmalaSitharaman GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; Council decision on Dec 21

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