Monday, October 31, 2016

Price Of A Every Brand Of Cigarette To Be Increased By Rs.5-10 From Today(01)

Image result for cigarette price clipartAs the Cabinet had recently approved a proposal to impose  15% VAT(Value Added Tax)  on Cigarettes and the 4% VAT increase effected from today   the  Ceylon Tobacco Company has decided to increase the Price of a every brand of Cigarette  by Rs.5 to Rs.10 with effect from today(01) the Company has announced.

Accordingly the price of a every brand of Cigarette available in local market will be increased up to 15% Tobacco Company has stated .

With the new price increase the Tobacco Company has increased the price of a Cigarette by Rs.12 during last one month period it has been reported.Most recently  the  price of a Cigarette has been increased by Rs.7.

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