gst on tobacco GoM Proposes A New Special Rate Of 35% & Aerated Beverages: Sources 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 Centre imposes extra excise duty on tobacco products, cess on pan masala to take effect February 1 India Today Tobacco GST News, GST on Cigarettes: BIG decision likely in GST Council meet on Dec 21 News ET Now GST 35% Hike on Tobacco, Cigarettes, and Aerated Beverages 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. Currently taxed 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
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