gst on tobacco

gst on tobacco GoM Proposes A New Special Rate Of 35% & Aerated Beverages: Sources GST Rate on tobacco leaves

Name: gst on tobacco GoM Proposes A New Special Rate Of 35% & Aerated Beverages: Sources GST Rate on tobacco leaves
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SKU: 86651881691
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GST Rate on tobacco leaves procured at auction platforms or from farmers The Indian government has announced higher GST rates on tobacco related products starting February 1. Pan masala, cigarettes, tobacco and similar items will now attract a 40% GST, while biris will be taxed Smoking just got more expensive in India. From February 1, tobacco products now attract an effective 40% GST as the Centre rolls out a revised excise duty structure. The new regime links GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; GST Council decision on Dec 21

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