New GST rates for sin goods from Feb 1! Tobacco & pan masala to attract 40% tax – check details – The Times of India
Tobacco products and pan masala products are set to face a new tax structure from February 1. This comes as the Centre rolls out additional excise duty and a health cess, above the current GST rates. The new structure will replace the compensation cess which is applied on ‘sin goods.’Tobacco and allied products will now…