gst in tobacco GoM Proposes A New Special Rate Of 35% On & Aerated Beverages: Sources The Group of Ministers on
The Group of Ministers on #GST rate rationalization has proposed increasing the #tax on aerated beverages, cigarettes, and tobacco products from 28% to 35%. Changes to GST rates on apparel and other Glad to see this proposal on tobacco taxation in GST 2.0. A 40% peak GST rate along with an additional excise duty is exactly what we've been advocating for some time, and GST on Bricks, Tobacco to Stay at 12% & 28% GST on Tobacco Leaves Procured AKGVG & Associates Tobacco Gets Costlier As 40% GST Kicks In #gstupdates #PublicHealth #India 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
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