gst in tobacco on cigarettes and has been increased from 28% to 40%, but on bidis, paradoxically, reduced from 28% to 18%. Why? Is it because Adani Ambani smoke bidis? INDIA'S GST COUNCIL MAY RAISE
INDIA'S GST COUNCIL MAY RAISE TAX RATES ON AERATED DRINKS AND TOBACCO PRODUCTS TO 35%, IMPACTING CONSUMER PRICES AND INDUSTRY DYNAMICS. India's Goods and Services Tax (GST) Council is contemplating a significant GST on Bricks, Tobacco to Stay at 12% & 28% The Group of Ministers on #GST rate rationalization has proposed increasing the #tax on aerated beverages, cigarettes, and tobacco products from 28% to 35%. Changes to GST rates on apparel and other 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 Taxes on Pan Masala & Tobacco from 1 Feb Govt's New Health & Security Cess Explained India prepares for a post GST cess era: What the new tax regime means for tobacco, pan masala, revenue and public health ET Edge Insights
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