GST Council defers rollout of 40% tax on tobacco and pan masala
- Posted on September 3, 2025
- By Business News Today
- 5 Views
GST Council defers rollout of 40% tax on tobacco and pan masala
The Goods and Services Tax Council decided on GST 2.0. The new tax overhaul will be live from September 22, 2025. A simplified two-slab system is approved. Essential goods will have 5% tax. Standard items will have 18% tax. Sin and luxury products will have 40% tax.
