calculate gst tax on Tobacco

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Gopal B Agrawal (Querist)

25 May 2017 can anybody calculate the gst tax with cess applicable on branded unmanufactured tobacco. existing Excise is 64% Additiknal Excise 8.3% Gst 28% Cess 71% say for Rs.100/- I'll be very grateful of the Person for solving this for me. Thank You.

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CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

25 May 2017 Gst is 28% & compensation cess on it is 71% i.e.99%

Gopal B Agrawal

Gopal B Agrawal (Querist)

25 May 2017 and Mam wat abt excise? Will it remain same or gst council made changes in it. I have no clear idea about excise.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

25 May 2017 No excise charged after GST

Gopal B Agrawal

Gopal B Agrawal (Querist)

25 May 2017 there was an 122ndamendment in 2014 for tobacco. n gst awareness campaigns are also promoting the same so this confusion is created.

Gopal B Agrawal

Gopal B Agrawal (Querist)

27 May 2017 and in this amendment it was stated that center may impose additional levy on tobacco... what can be this additional levy?

Gopal B Agrawal

Gopal B Agrawal (Querist)

08 June 2017 whether cess will be applied once or at every step of transaction? like excise or like vat ( gst ). on tobacco it is 28% + 71% = 99% how will the supply chain margin be calculated?

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