gst in tobacco India has a new way to tax tobacco. Will it work? Tobacco Gets Costlier As 40%
Tobacco Gets Costlier As 40% GST Kicks In #gstupdates #PublicHealth #India 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 Cigarettes have escaped the demerit list of goods on GST and may cost the same as before GST Rate Update: Biris at 9%, Tobacco & Pan Masala at 20% CA Cult
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