ilmscore | Tobacco Product Taxation in India Predictions
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Tobacco products in India are heavily taxed, with GST at 28%, a GST compensation cess, excise duty, and National Calamity Contingency Duty (NCCD), resulting in taxes constituting over 50% of the Maximum Retail Price (MRP).
"it is a heavily taxed product with GST falling into the 28 percent category, an additional GST compe..."
Sep 1, 2023
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