gst on tobacco New Rates: 40% Luxury Goods & Tobacco; Insurance Policies Exempted GST on Cigarettes, Tobacco, and
GST on Cigarettes, Tobacco, and Aerated Beverages Likely to Increase to 35% gst in tobacco Government Notifies Retail Sale PriceBased Valuation under for Pan Masala, and Cigarette Products w.e.f. 1st February 2026 GST on cigarettes, tobacco, aerated Budget 2026 tightens the screws on tobacco. Higher GST, a steep jump in NCCD, and a shift to retail pricelinked excise mean higher prices and rising pressure on margins. With total tax incidence 40% GST from Feb 1: How Much a Cigarette Costs
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