gst on tobacco The Indian government has announced higher rates tobacco-related products starting February 1. Pan masala, cigarettes, and similar items will now attract a 40% GST, while biris will be taxed 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 New GST Rates: 40% on Luxury Goods & Tobacco; Insurance Policies Exempted GST 2.0 tussle: Centre eyes extra duty over 40% slab on tobacco products; states push for 'significant' cut The Times of India GoM proposes a #GST hike for tobacco products & aerated beverages. Are you aware of how much GST you're actually paying? Know in the thread below. # GST #Expenses #taxes
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