gst in tobacco Glad to see this proposal on taxation 2.0. A 40% peak GST rate along with an additional excise duty is exactly what we've been advocating for some time, and 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: Sin Tax Why bidis are smoking 18% while cigarettes burning at 40% tax EXPLAINED Economy ET Now New GST Rates: 40% on Luxury Goods and Tobacco Products, Insurance Policies Exempted News18 GST on cigarettes, tobacco, aerated beverages may be hiked to 35%; GST Council decision on Dec 21 GST on cigarettes, tobacco, aerated drinks may rise to 35%: Report : r india

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