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GST on Tobacco Leaves Procured
21.68
The government may hike GST on cigarettes and tobacco products after discontinuing the compensation cess. Currently taxed at 28% plus levies (totaling 53%), a proposal suggests increasing GST to 40% and adding
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Tobacco prices 📈 have risen 20% in the past seven months, while industry competition has intensified. Currently, cigarettes 🚬 are taxed at 28% under GST, plus additional cess and levies, bringing the
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