Cigarettes, Bidis, Pan Masala to Cost More from Feb 1st: New Taxes Imposed

• Prices of cigarettes, bidis, pan masala, and other tobacco products will rise from February 1st.
• Central government implements significant changes to excise duty structure, increasing GST and cess on sin goods.
• 40% GST on pan masala, cigarettes, tobacco; 18% GST on bidis.
• Additional health and national security tax on pan masala, plus extra excise duty on tobacco products.
• New machine-capacity-based excise system for smokeless tobacco and additional tax per 1,000 cigarettes.

Why It Matters: Tobacco products, including cigarettes and bidis, will become more expensive from Feb 1st due to new taxes.