Get Ready to Pay More: Tobacco, Cigarettes, and Cold Drinks to Face Heavier Taxes Under GST Overhaul - PUNE PULSE

Get Ready to Pay More: Tobacco, Cigarettes, and Cold Drinks to Face Heavier Taxes Under GST Overhaul - PUNE PULSE

A major shake-up is on the horizon for products considered harmful to public health. Tobacco, cigarettes, and aerated beverages like cold drinks are already in the government’s crosshairs under the revamped Goods and Services Tax (GST) structure — but now, they’re about to get even pricier. As per the latest updates, these "sin goods" have

GST Reform: Pan Masala, Cigarettes, Tobacco to Be Taxed on Retail Sale Price

GST Reform: Pan Masala, Cigarettes, Tobacco to Be Taxed on Retail Sale Price The GST Council has decided that the Pan Masala, Gutkha, Cigarettes, Chewing Tobacco (like Zarda), and Unmanufactured Tobacco will now be taxed on their Retail Sale Price (RSP) and not on the transaction value. This decision aims to bring more clarity and […]