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HindustanTimes Mon,20 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.

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