gst on tobacco GoM proposes a #GST hike for products & aerated beverages. Are you aware of how much you're actually paying? Know in the thread below.🧐 # GST #Expenses #taxes India GST Reforms: Tobacco Tax

India GST Reforms: Tobacco Tax Hike Mid Day posted on the topic LinkedIn 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 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. India has a new way to tax tobacco. Will it work? GST on cigarettes and tobacco has been increased from 28% to 40%, but on bidis, paradoxically, reduced from 28% to 18%. Why? Is it because Adani Ambani smoke bidis? GST on Bricks, Tobacco to Stay at 12% & 28%

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