gst on tobacco Smokey Affair: cigarettes, products may be raised New GST Rates: 40% on
New GST Rates: 40% on Luxury Goods & Tobacco; Insurance Policies Exempted An additional excise duty on cigarettes and tobacco products, and a health cess on pan masala, will come into effect from 1 February. This additional duty is imposed over and above the ET 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. 40% GST on Tobacco products #NirmalaSitharaman
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