gst in tobacco Next-gen reforms: How will sin goods cigarettes, pan masala be taxed? - Economy INDIA'S GST COUNCIL MAY RAISE
INDIA'S GST COUNCIL MAY RAISE TAX RATES ON AERATED DRINKS AND TOBACCO PRODUCTS TO 35%, IMPACTING CONSUMER PRICES AND INDUSTRY DYNAMICS. India's Goods and Services Tax (GST) Council is contemplating a significant 40% GST on Cigarettes & Other Tobacco Products GST on Cigarettes, Tobacco, and Aerated Beverages Likely to Increase to 35% GST 2.0 tussle: Centre eyes extra duty over 40% slab on tobacco products; states push for 'significant' cut The Times of India Govt to Retain 12% GST on Bricks, 28% on Tobacco Despite New Tax Structure 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
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