gst in tobacco New Rates: 40% on Luxury Goods and Products, Insurance Policies Exempted Tobacco Gets Costlier As 40%
Tobacco Gets Costlier As 40% GST Kicks In #gstupdates #PublicHealth #India GoM Proposes A New Special GST Rate Of 35% On Tobacco & Aerated Beverages: Sources CNBC TV18 New GST Rates: 40% on Luxury Goods & Tobacco; Insurance Policies Exempted 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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