gst on tobacco New Rates: 40% Luxury Goods & Tobacco; Insurance Policies Exempted New GST Rates: 40% on
New GST Rates: 40% on Luxury Goods and Tobacco Products, Insurance Policies Exempted News18 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 gst in tobacco The Indian government has announced higher rates on tobacco related products starting February 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?
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