Drinks to 35%

GoM Proposes GST Hike on Tobacco, Drinks to 35%

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GoM Proposes GST Hike on Tobacco, Drinks to 35%, GST Hike on Tobacco, GST Hike on Drinks, GST rate rationalisation

The GST Council is considering a significant change. The GoM is proposing a hike in the goods and services tax (GST) on everyone’s favorite bubbly drinks, cigarettes, and tobacco products. Why is the GoM Proposing GST Hike on Tobacco and Drinks? Right now, tobacco and fizzy drinks fall under the 28% slab. The group of … Read more