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 Budget 2026 tightens the screws
Budget 2026 tightens the screws on tobacco. Higher GST, a steep jump in NCCD, and a shift to retail pricelinked excise mean higher prices and rising pressure on margins. With total tax incidence ITC Share Price Tumbles As GST Panel Suggests 35% Tax On Cigarettes, Tobacco 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 GST compensation cess on tobacco to end Feb 1 as Centre rolls out a new tobacco tax framework. Visit the website to learn more! #gst #gstcess #tobaccotax #taxreform #indianeconomy #policyupdate #financialnews #businessnews #
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