Explains the shift from transaction value to MRP-based valuation under Rule 31D. Highlights how GST will now be calculated on printed retail ...
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New GST rates on tobacco to be levied from February 1; cigarettes and pan masala to attract 40% tax
This news report details the upcoming implementation of new Goods and Services Tax (GST) rates on tobacco products, effective from February 1st. The government has mandated a 40% GST on cigarettes and ...
Add Yahoo as a preferred source to see more of our stories on Google. There is still some debate on whether or not food should be included as part of GST or if it should be on other goods and services ...
Before the latest notification, cigarettes and other tobacco products were taxed under a layered structure combining GST with multiple cesses, including a compensation levy ...
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