Cigarettes, Carbonated Drinks, Luxury Cars And More Likely To Attract Heftier GST

The Goods and Services Tax (GST) on sin goods such as cigarettes, tobacco products, carbonated drinks, and high-end automobiles, could rise once the existing compensation cess expires later this fiscal year. A high level state panel who is reviewing the future of compensation cess is weighing proposals to either introduce a new green and health cess on these products or subsume the existing cess i…