gst on tobacco The government has notified Feb 1, 2026 to roll out a new tax structure for “sin goods,” ending the compensation cess and adding fresh levies top of GST. Pan masala ITC Share Price Tumbles As
ITC Share Price Tumbles As GST Panel Suggests 35% Tax On Cigarettes, Tobacco GST compensation cess on tobacco to end Feb 1 as Centre rolls out a new tobacco tax framework. Visit the website to learn more! #gst #gstcess #tobaccotax #taxreform #indianeconomy #policyupdate #financialnews #businessnews # Ahead Of GST Meet, Demand To Tax Tobacco Products, Bidis At High Rates 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 GST on Bricks, Tobacco to Stay at 12% & 28%
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