Explained: How tax regime on tobacco has changed in India since 2014 - Business Standard

The Centre on Wednesday (December 31) formally notified a new tax framework for tobacco, replacing the goods and services tax (GST) compensation cess with a health and national security cess, which will be in force from February 1. The order also withdraws the compensation cess on tobacco products from the same date, bringing cigarettes and other tobacco items under a revised regime that combines…