The average annual revenue collection, including GST and excise duty, from tobacco products stands at about ₹53,750 crore, Finance Minister Nirmala Sitharaman told the Rajya Sabha.
She also said that many NGOs and consumer education forums have suggested to increase levies on tobacco products considering the health impact. GST rates on goods are fixed on GST Council’s recommendations, she added.
Prasanna Acharya (Biju Janata Dal) had asked her if the central government will put the proposal in the GST Council for increasing tax on tobacco.
In the written reply, Sitharaman said the average annual revenue collection (based on the last three years) including GST, compensation cess, excise duty and national calamity and contingent duty (NCCD) from tobacco products.