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Government wants 28% tax on all tobacco products

Government wants 28% tax on all tobacco products

Tuesday, April 11, 2017, 10:27 AM

In a move aimed at lowering consumption of tobacco products, the health ministry has sought to tax all such products, including bidis, at 28% as well as impose higher cess under the new GST regime. Greeting the step taken by the finance ministry to keep aerated drinks, tobacco products, luxury cars and pan masala in the 'demerit goods' category.
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