What one step can be taken by government through market forces to reduce the consumption of ‘pan masala’?
Dear student,
To reduce the consumption of ‘pan masala’, the governmet is taking various steps :
Currently, PAN MASALA is on top of the highest GST rate of 28 percent.
60 percent cess is levied on PAN MASALA.
204 percent cess is levied on PAN MASALA containing gutka
All this will lead to rising in prices of PAN MASALA which will automatically reduce its consumption.
Regards
To reduce the consumption of ‘pan masala’, the governmet is taking various steps :
Currently, PAN MASALA is on top of the highest GST rate of 28 percent.
60 percent cess is levied on PAN MASALA.
204 percent cess is levied on PAN MASALA containing gutka
All this will lead to rising in prices of PAN MASALA which will automatically reduce its consumption.
Regards