gst on tobacco New Rates: 40% Luxury Goods & Tobacco; Insurance Policies Exempted An additional excise duty on
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 GST on Cigarettes, Tobacco, and Aerated Beverages Likely to Increase to 35% Will 35% GST on Cigarettes and Tobacco Make Your Smoking Habit More Expensive? Outlook Business 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? 40% GST on Tobacco products #NirmalaSitharaman
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