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INDIA'S GST COUNCIL MAY RAISE TAX RATES ON AERATED DRINKS AND TOBACCO PRODUCTS TO 35%, IMPACTING CONSUMER PRICES AND INDUSTRY DYNAMICS. India's Goods and Services Tax (GST) Council is contemplating a significant
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The government has notified Feb 1, 2026 to roll out a new tax structure for “sin goods,” ending the GST compensation cess and adding fresh levies on top of GST. Pan masala,
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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
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The government may hike GST on cigarettes and tobacco products after discontinuing the compensation cess. Currently taxed at 28% plus levies (totaling 53%), a proposal suggests increasing GST to 40% and adding
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GST on Cigarettes & Tobacco Explained
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The price of your cigarette could go from ₹18 to ₹24-25 from Feb 1, when the GST on cigarettes increases from 28% to 40%. But there’s more…, Mangalam Maloo breaks down how the change is affecting
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