GST UPDATE: 40% GST ON CIGARETTES & TOBACCO PRODUCTS
40% GST ON CIGARETTES & TOBACCO PRODUCTS The era of “28% GST + Compensation Cess” for the tobacco industry is officially coming to an end. Starting 1st February 2026, the Government is moving to a simplified but higher tax slab and a completely different valuation method to tighten compliance and discourage consumption. Here is a […]
Why GST Registration is the Secret Growth Engine for Small Businesses
When the Goods and Services Tax (GST) launched in India, many small business owners viewed it merely as a “paperwork headache.” The fear of strict filings and potential fines led many startups and MSMEs to stay away. However, viewing GST only as a tax requirement is a mistake. At Advocate Debabrata & Co., we believe […]