gst on tobacco Glad to see this proposal taxation in 2.0. A 40% peak GST rate along with an additional excise duty is exactly what we've been advocating for some time, and 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 Tobacco GST News, GST on Cigarettes: BIG decision likely in GST Council meet on Dec 21 News ET Now 40% GST on Tobacco products #NirmalaSitharaman Kullu: Hoarding, black marketeering of cigarettes unchecked after GST hike The Tribune GST on Cigarettes, Tobacco, and Aerated Beverages Likely to Increase to 35%
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