Tobacco & Cigarette Stocks Tumble As New Taxation Structure Comes Into Effect From February 1

Описание: CNBC-TV18 Big Story | New Tobacco Taxation | ITC stock falls 9%, Godfrey Phillips sells off 14%.

40% GST on tobacco, cigarettes & bidis effective Feb 1, 2026
Existing 28% GST plus Excise & NCCD to be subsumed
Companies may have to effect 18-35% price hikes to mitigate Tax Impact

Mangalam Maloo with the details

#tobaccostocks #cigarettestocks #itc #godfreyphillips #tobaccotaxationstructure #cnbctv18 #cnbctv18market #businessnewsinenglish #businessnewstoday #businessnewsinenglish #sharemarkettoday

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