gst on tobacco GoM Proposes A New Special Rate Of 35% & Aerated Beverages: Sources 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 GoM Proposes to Raise GST Tier on Tobacco and Sugar Sweetened Beverages Will 35% GST on Cigarettes and Tobacco Make Your Smoking Habit More Expensive? Outlook Business Centre imposes extra excise duty on tobacco products, cess on pan masala to take effect February 1 India Today GST on cigarettes and tobacco has been increased from 28% to 40%, but on bidis, paradoxically, reduced from 28% to 18%. Why? Is it because Adani Ambani smoke bidis?

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