‘Sin’ products are taxed higher for the government to enhance revenue collection. The Group of Ministers (GoM) on GST rate rationalisation has decided to increase taxes on sin goods, including aerated ...

The Group of Ministers (GoM) on GST rate rationalisation has suggested raising the tax on products like aerated drinks, cigarettes, and tobacco items to 35 per cent, up from 28 per cent. The GoM will ...

The Group of Ministers (GoM) on Monday, December 2 decided to hike the rate of goods and service tax (GST) charged on aerated beverages, cigarettes, tobacco and related products to 35 per cent ...

GST on cigarettes, tobacco: The Group of Ministers (GoM) set up by the GST Council has proposed a new "special rate" of 35% for tobacco and aerated beverages, according to sources. Currently, all ...

But people continue to smoke. And newer products like e-cigarettes have allowed the industry to diversify its range – and expand its appeal. Big tobacco firms see this expansion as a vital tool ...

New Delhi: The Group of Ministers (GoM) on GST rate rationalisation, led by Bihar Deputy Chief Minister Samrat Chaudhary, decided to increase the tax on sin goods such as aerated beverages, cigarettes ...

Tobacco use remains the leading preventable cause of disease and death in the United States. About 480,000 people die from cigarette smoking each year in the US. Many of those people die from cancer.

Currently, 28 per cent GST is levied on such products including cigarettes and tobacco. Prashant Tamta Updated : Dec 03, 2024, 11:00 PM IST Several reports suggest that the Group of Ministers (GoM) on ...

The report called for limiting the nicotine in cigarettes and other tobacco products to "minimally addictive or nonaddictive levels." Such a move could prevent more than 33 million people from ...

According to media reports, the Group of Ministers on GST rate rationalisation recommended to raise tax on aerated beverages, cigarettes, tobacco, and related 'sin' products to 35 percent from ...

“Hence the push for Tobacco 21 laws, which now include e-cigarettes,” Boykan says. “That has helped to decrease access.” In 2005, Needham, Mass., became the first town to raise the age ...

The GST rate on sin goods, including aerated drinks, cigarettes, tobacco and related items, is set to jump from 28 per cent to 35 per cent. "The GoM has agreed to propose a special rate of 35 per cent ...