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For major tobacco companies, hybrid and heated tobacco lines represent an opportunity to retain adult smokers who might otherwise seek to quit or switch to unregulated alternatives, while also opening a pathway to premium pricing and brand differentiation in an otherwise commoditized category

Read more here: Shounak Chakravarty #CrisilRatings #CigaretteIndustry #Liquidity #GSTRate To view or add a comment, sign in From February 1, pan masala, cigarettes, tobacco, and similar products will attract a GST rate of 40%, marking a significant policy move in Indias indirect tax framework

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