gst on tobacco GoM proposes a #GST hike for products & aerated beverages. Are you aware of how much you're actually paying? Know in the thread below.🧐 # GST #Expenses #taxes GoM Proposes to Raise GST

GoM Proposes to Raise GST Tier on Tobacco and Sugar Sweetened Beverages GST on Cigarettes, Tobacco, and Aerated Beverages Likely to Increase to 35% GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; Council decision on Dec 21 The government may soon raise GST on cigarettes and tobacco products as the current compensation cess ends in March 2026. Officials aim to sustain tax revenue without a new cess. Currently taxed New GST Rates: 40% on Luxury Goods & Tobacco; Insurance Policies Exempted

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