ITC, VST, Godfrey jump as GST Panel sets tobacco rate at 65%
Finance Minister Arun Jaitley led GST panel yesterday fixed the rate structure, under which they stated that tobacco will be taxed at 65% rate.
Tobacco companies like ITC, VST and Godfrey Phillips jumped between 4 to 5% on Friday after GST panel suggested a tax rate of 65%. Photo: Pixabay