gst on tobacco India has a new way to tax tobacco. Will it work? 40% GST on Tobacco products

40% GST on Tobacco products #NirmalaSitharaman GoM Proposes to Raise GST Tier on Tobacco and Sugar Sweetened Beverages 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. Currently taxed Centre imposes extra excise duty on tobacco products, cess on pan masala to take effect February 1 India Today GoM Proposes A New Special GST Rate Of 35% On Tobacco & Aerated Beverages: Sources CNBC TV18 GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; Council decision on Dec 21

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