India may hike GST on cigarettes, tobacco products after compensation cess ends: Report

India could consider raising the Goods and Services Tax (GST) on cigarettes and other tobacco products once the compensation cess on these items is discontinued, the Economic Times reported. Currently, cigarettes and tobacco products attract a 28 percent GST, in addition to a compensation cess and other levies, taking the total indirect tax burden to 53 percent. According to the report, one p…