Finance/Compliance Consultant
68910 Points
Posted on 04 July 2026
Summary: As of February 1, 2026, excise duty is "Nil" for unmanufactured tobacco that is unbranded and not retail-packed. If the tobacco is branded or intended for retail sale, it attracts an 18% excise duty. Trading of these goods also generally attracts 40% GST, while supplies from agriculturists to registered persons are subject to 5% GST under RCM.