India's ₹80k Crore Tax Shock: New Excise Fuels GST 2.0 Fears - Whalesbook

Reaction from Farmers and Retailers The transition away from the GST compensation cess has exposed potential policy missteps in India's GST 2.0 framework. New excise rates on demerit goods, notably cigarettes, have provoked sharp criticism. Tobacco farmers, particularly in Andhra Pradesh and Karnataka, argue they already bear a disproportionate tax burden compared to growers of tobacco for bidis o…