National
New GST Rates on Tobacco from February 1: Cigarettes, Pan Masala to Face 40% Tax
New GST rates on tobacco take effect February 1. Cigarettes and pan masala will attract 40% tax, bidis 18%.
Topic
sin tax india
2 stories
Business
ITC, Godfrey Phillips Shares Fall Up to 11% as New Tobacco Tax Rules Spook Markets
Tobacco stocks fell sharply after the government notified new excise duty on cigarettes and a fresh cess on pan masala from February 2026.