gst on tobacco

gst on tobacco Products May Face Additional Levy As Government Weighs Post-Cess Tax Options GST Rate on tobacco leaves

Name: gst on tobacco Products May Face Additional Levy As Government Weighs Post-Cess Tax Options GST Rate on tobacco leaves
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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 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 GST 2.0 tussle: Centre eyes extra duty over 40% slab on tobacco products; states push for 'significant' cut The Times of India

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Although cigarettes are the leading cause of tobacco-related deaths and diseases in the country, according to King, he also believes other tobacco products, such as e-cigarettes, need to be considered to continue declining rates of overall tobacco product use