cigarette price increase in india new excise law prices 2025 Tobacco prices 📈 have risen

Tobacco prices have risen 20% in the past seven months, while industry competition has intensified. Currently, cigarettes are taxed at 28% under GST, plus additional cess and levies, bringing the Description Global comparison of cigarette prices (Pack of 20 Marlboro) shows shocking differences across countries Prices Around The World Australia 3417 Cigarette prices in India are expected to rise by approximately 20% starting February 1, 2026, following the central government's notification of a new additional excise duty. Under this new regime, a single Smokers hit hard as ITC plans to hike cigarette prices by up to 21%, ETRetail India could be on the verge of one of its biggest cigarette price shocks in decades. Parliament has approved a major overhaul of cigarette taxation, a move that could push prices sharply

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