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.

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