New GST rates for sin goods from Feb 1! Tobacco & pan masala to attract 40% tax - check details
Starting February 1, tobacco and pan masala products will face new taxes. The government is introducing additional excise duties and a health cess, replacing the existing GST compensation cess. Pan masala will be taxed at 40% GST plus a new cess, while biris will attract 18% GST.
Starting February 1, tobacco and pan masala products will face new taxes. The government is introducing additional excise duties and a health cess, replacing the existing GST compensation cess. Pan masala will be taxed at 40% GST plus a new cess, while biris will attract 18% GST. What's Your Reaction?
