Saturday, October 22, 2016

After Imposing 15% VAT On Cigarettes The Cigarette Price Will Be Increased To Rs.55-Minister Of Health

After imposing 15% VAT (Value added tax) on cigarettes the price of a Cigarette will be increased to Rs.55 Minister Of Health,Nutrition and Indigenous Medicine Dr.Rajitha Senaratne has stated.


The Cabinet has recently increased the price of a Cigarette by seven rupees and accordingly the current Cigarette Price is Rs .42 Minister has revealed.


Addressing a function held at the Ministry of Health Minister Dr.Senaratne has stated studies have revealed that when the price of a Cigarette has been decreased smoking rate increased by 1% from 4% to 5%.

Taxes will be imposed on locally made "Beedi" and "Cigars as well in future in view of reducing the smoking of these products Minister has further added.

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