Monday, March 30, 2015
, Hindustan Times
Chandigarh, February 26, 2014
First Published: 00:58 IST(26/2/2014)
Last Updated: 00:59 IST(26/2/2014)
Cigarettes set to get expensive
Cigarettes are all set to get expensive in the city with the UT administration increasing the value added tax (VAT) on sale of cigarettes from 12.5% to 20%. Deputy commissioner Mohammed Shayin said the hike in VAT would be enforced as soon as it was notified. He said the hike in VAT could serve as a deterrent against chain smoking, and also increase revenue. VAT on cigarettes is 20.5% in Punjab, while Haryana charge 20%. Himachal Pardesh and Delhi impose 36% and 20% VAT, respectively.
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