gst in tobacco Smokey Affair: on cigarettes, products may be raised 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 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 New GST Rates: 40% on Luxury Goods & Tobacco; Insurance Policies Exempted gst in tobacco FPExplained: Cigarettes, aerated drinks, and gutka will be taxed at 40 per cent. What other goods are on the list? GST: Sin Tax Why India has approved a 40% GST rate on cigarettes, pan masala, and certain tobacco products as part of a "sin tax" to deter consumption and boost revenue. The 40% GST on these GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; GST Council decision on Dec 21

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