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40% GST on Cigarettes & Other Tobacco Products
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ET
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Govt eyes 40% GST on 'Sin Goods' 🚭🥂🚗 From tobacco to luxury cars, here's what falls under the category
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India's new GST rates excerberate tax differences among tobacco products, a contravention of WHO FCTC guideline
22.93
Budget 2026 tightens the screws on tobacco.📈 Higher GST, a steep jump in NCCD, and a shift to retail-price–linked excise mean higher prices and rising pressure on margins. With total tax incidence… |
26.39
