Changes in compensation cess etc.

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ASHWIN JOSHI (Querist)
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21 April 2023 Respected Sirs
Please be kind enough to furnish follow
HSN 24011090 Unmanufactured tobacco any changes in GST or compensation cess rates.
2. Under composition scheme Tobacco products snuff etc. We can include.
Please guide us accordingly. My email id is joshiashwin65@gmail.com.
Mobile WhatsApp no. 9825478459
Ashwin Kumar Joshi

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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06 July 2024 The GST rates applicable to unmanufactured tobacco (HSN code 24011090) and related details under the composition scheme for tobacco products:

1. Unmanufactured Tobacco (HSN code 24011090):
• GST Rate: 5%
• Compensation Cess: Applicable, rates vary based on the type of tobacco. For unmanufactured tobacco, the compensation cess is levied at different rates depending on the classification and specific type of tobacco.
It’s important to check the latest GST notifications or consult with a tax advisor for any recent changes in rates or cess applicable to unmanufactured tobacco.
2. Composition Scheme for Tobacco Products:
• Tobacco products like snuff fall under the composition scheme if they meet the eligibility criteria.
• Under the composition scheme for goods, the GST rate is typically lower, and taxpayers opting for this scheme have simplified compliance requirements.
If you are considering including snuff or any other tobacco product under the composition scheme, ensure:
• The product meets the eligibility criteria.
• Understand the GST rates applicable and any specific conditions for opting into the composition scheme.

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