gst on tobacco So the new proposal says: Cigars & Cigarettes → 28% ➝ 40% → 28% ➝ 40% Bidis → 28% ➝ 18% Looks like the government just launched a new campaign — “Vocal for Local… Bidi Edition!”… | Akash Shinde Glad to see this proposal
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 New GST Rates: 40% on Luxury Goods & Tobacco; Insurance Policies Exempted Govt to Retain 12% GST on Bricks, 28% on Tobacco Despite New Tax Structure An additional excise duty on cigarettes and tobacco products, and a health cess on pan masala, will come into effect from 1 February. This additional duty is imposed over and above the
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