gst on tobacco ET GST on Tobacco | Latest
GST on Tobacco Latest Advance Ruling & Cess Rate on Tobacco 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 GoM Proposes to Raise GST Tier on Tobacco and Sugar Sweetened Beverages Glad to see this proposal on tobacco taxation in GST 2.0. A 40% peak GST rate along with an additional excise duty is exactly what we've been advocating for some time, and New GST Rates: 40% on Luxury Goods & Tobacco; Insurance Policies Exempted
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