vat on tobacco cigarettes coming down: Report In a significant move to
In a significant move to bolster revenue, the government has raised the Value Added Tax (VAT) and supplementary duties on over a hundred products and services, including cigarettes, midway through the 202425 Taxes on Tobacco Products: Details & Analysis Tax Foundation Increase VAT on tobacco products to discourage smoking, says health minister Harsh Vardhan VAT on alcohol and tobacco products (including vapes)
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