gst in tobacco Next-gen reforms: How will sin goods cigarettes, pan masala be taxed? - Economy Budget 2026 tightens the screws
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 in tobacco Government Notifies Retail Sale PriceBased Valuation under for Pan Masala, and Cigarette Products w.e.f. 1st February 2026 GST on cigarettes, tobacco, aerated Will 35% GST on Cigarettes and Tobacco Make Your Smoking Habit More Expensive? Outlook Business 40% GST on Cigarettes & Other Tobacco Products GST on Tobacco Leaves Procured AKGVG & Associates
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