ITC On Cigarette GST Rate

However, the counter has lost over 5 per cent from its recent high of Rs 346.25 hit on September 23, 2022 and has underperformed the S&P BSE Sensex, which has lost nearly 2 per cent since then

Firm's sales volume to suffer a hit but its operating margins, profitability to remain stable

The cigarette industry is facing one of the steepest rates of taxation, with the GST increasing cess