How India’s tax system helps heavily taxed cigarettes flourish
In March 2015 – in response to a drop in sales as taxes more than doubled over four years – India’s leading cigarette company ITC Ltd. shortened its discount Bristol-brand cigarettes by 5 mm. That allowed Bristol cigarettes to make use of India’s complicated six-tier cigarette-tax system and fit into the lowest tax bracket. So, a pack of Bristol costs the same as before.
Related Posts
Gurugram centre to monitor Indian Ocean Region coastline.
December 22, 2018
Consolidating the regional efforts with friendly nations to keep the global...
Nigeria: Customs Uncovers Plan to Smuggle Dangerous Items Into Nigeria
January 20, 2016
Lagos — The Nigerian Customs Service says it has uncovered plan by some high...
Reduction in Piracy Can Create More Jobs
August 6, 2014
BANGALORE: Taking advantage of lax laws governing piracy and smuggling, many...
Customs officers seize HK$140 million of black market cigarettes after sea chase
July 25, 2024
Hong Kong customs has notched up its biggest seizure of black market cigarettes...


