GoM proposes GST hike: Cigarettes, tobacco, aerated drinks could also be hiked to 35%; GST Council choice on Dec 21

GoM proposes GST hike: Cigarettes, tobacco, aerated drinks could also be hiked to 35%; GST Council choice on Dec 21

The GST council is contemplating a brand new greater slab to accommodate merchandise corresponding to tobacco and aerated drinks. File photograph. | Photograph Credit score: PICHUMANI Ok The GoM on GST fee rationalisation on Monday (December 2, 2024) determined to hike tax on sin items like aerated drinks, cigarettes, tobacco and associated merchandise to 35%…

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