Other Manufactured Tobacco Substitutes are products that are not made from tobacco but are used as a substitute for tobacco products. These are often referred to as herbal cigarettes or nicotine-free cigarettes. While these products are less harmful than traditional tobacco products, they are still regulated under the GST regime.
In India, Other Manufactured Tobacco Substitutes fall under the HSN Code 2403. The GST rates applicable to these products vary depending on the nature of the product. The GST rates for Other Manufactured Tobacco Substitutes are as follows:
The GST rates on Other Manufactured Tobacco Substitutes are relatively high compared to other products. This is because these products are still considered harmful and are subject to higher taxation to discourage their usage.
As mentioned earlier, Other Manufactured Tobacco Substitutes fall under HSN Code 2403. The HSN Code is a six-digit code that is used to classify goods and services under the GST regime. The HSN Code for Other Manufactured Tobacco Substitutes is as follows:
The HSN Code is used to determine the amount of tax that is applicable to a particular product. The first two digits of the HSN Code represent the Chapter, the next two digits represent the Heading, and the last two digits represent the Sub-heading.
Other Manufactured Tobacco Substitutes are products that are used as a substitute for traditional tobacco products. These products are regulated under the GST regime and are subject to varying GST rates depending on the nature of the product. The HSN Code for Other Manufactured Tobacco Substitutes is 2403. By understanding the GST rates and HSN Code for these products, business owners can ensure that they are properly complying with the tax regulations.
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