MTFTerminalFII/DIIMarketsFunds
[GOVERNMENT POLICY]

GST/cess hike on tobacco/cigarettes

ITC and other tobacco manufacturers under pressure from GST / cess hike

▼ Stocks under pressure1 cos

ITCFMCG/Tobacco
ITC
Cigarette pricing power capped, volume hit

Historical examples

2023-02-01 — Budget hikes National Calamity Cess on cigarettes

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