gst in tobacco New Rates: 40% on Luxury Goods and Products, Insurance Policies Exempted Glad to see this proposal
Glad to see this proposal on tobacco taxation in GST 2.0. A 40% peak GST rate along with an additional excise duty is exactly what we've been advocating for some time, and Next gen GST reforms: How will sin goods cigarettes, pan masala be taxed? Economy ET Now 40% GST from Feb 1: How Much a Cigarette Costs Will 35% GST on Cigarettes and Tobacco Make Your Smoking Habit More Expensive? Outlook Business
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