Smokey Affair: GST on cigarettes, tobacco products may be raised
- Posted on February 19, 2025
- By Business News Today
- 4 Views
Smokey Affair: GST on cigarettes, tobacco products may be raised
India is considering raising the GST on cigarettes and tobacco products to 40% and adding an additional excise duty after compensation cess ends in 2026. Currently, these products face a 28% GST plus other levies totaling 53%, below WHO's recommended 75%. The GST Council will decide on the recommendations.
