gst on tobacco GoM Proposes A New Special Rate Of 35% & Aerated Beverages: Sources The Indian government has announced
The Indian government has announced higher GST rates on tobacco related products starting February 1. Pan masala, cigarettes, tobacco and similar items will now attract a 40% GST, while biris will be taxed GST 35% Hike on Tobacco, Cigarettes, and Aerated Beverages GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; Council decision on Dec 21 40% GST on Tobacco products #NirmalaSitharaman ET The government may soon raise GST on cigarettes and tobacco products as the current compensation cess ends in March 2026. Officials aim to sustain tax revenue without a new cess. Centre imposes extra excise duty on tobacco products, cess on pan masala to take effect February 1 India Today
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