gst in tobacco New Rates: 40% on Luxury Goods & Tobacco; Insurance Policies Exempted GST Council's Big Health Push

GST Council's Big Health Push : Lower Taxes on Essentials, Higher on Sugary & Caffeinated Drinks, Tobacco, Cigars and Cigarettes, and Bidis The 56th GST Council meeting has concluded with major rate GST Change for Tobacco Products New GST Rates & Rules GoM Proposes A New Special GST Rate Of 35% On Tobacco & Aerated Beverages: Sources CNBC TV18 GST On Tobacco: Why Bidis Are Taxed At 18% While Cigarettes Soar To 40% GST on Cigarettes & Tobacco Explained #Simplified by Deepak Korah 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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