Advertisement

HindustanTimes Thu,02 Oct 2014

Cigarettes set to get expensive

HT Correspondent, Hindustan Times  Chandigarh, February 26, 2014
First Published: 00:58 IST(26/2/2014) | Last Updated: 00:59 IST(26/2/2014)

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.

Advertisement
comment Note: By posting your comments here you agree to the terms and conditions of www.hindustantimes.com
blog comments powered by Disqus

Advertisement
more from Chandigarh

MC carries out "Swachh Bharat Abhiyan" in colonies

The Chandigarh municipal corporation on Wednesday carried out cleanliness drive under the Swachch Bharat Abhiyan in Mauli Jagran, Vikas Nagar, Shivalik Enclave and Motor Market, Manimajra
Advertisement

 
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved