<h1>GST Council Sets Compensation Cess Rates: Pan Masala 60%, Aerated Waters 12%, Tobacco 11-290%, Vehicles 1-15.</h1> The GST Council meeting on May 18, 2017, in Srinagar, Jammu Kashmir, approved GST Compensation Cess rates for various goods. Key items include pan masala at 60%, aerated waters at 12%, and various tobacco products with rates ranging from 11% to 290%. Cigarettes face a combination of percentage and fixed cess per thousand units. Other goods like coal, lignite, and peat are taxed at Rs. 400 per tonne. Motor vehicles, including small cars, SUVs, and hybrid vehicles, have cess rates between 1% and 15%. Personal aircraft and yachts are taxed at 3%. These rates are subject to further review.