cigspriced
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does a Finance Minister turn to when he requires resources? The answer is cigarettes. I propose to increase the specific excise duty on cigarettes by about 18 per cent Buy Cigarettes Online, Finance Minister, P. Chidambaram said while delivering the Budget speech this month.
This leaves me with one small doubt. Chidambaram is working to bring down the number of smokers in the country by increasing the specific excise duty on cigarettes. Why not do the same for foreign cigarettes that are available in the country too? For at least the last four years, I have been witnessing the rocketing of Indian cigarette brands such as Wills Gold Flake and Wills Classic while foreign brands such as Lucky Strike and Marlboro have successfully maintained consistent pricing in the Indian market Cheapest Marlboro Cigarettes Free Shipping. When the Finance Minister casually mentions the increase of duty on cigarettes, he means a price increase of only domestic cigarette brands. Why not increase the rates of customs duty as well for our ciggie imports?
Imported brandsThe reason: ITC (India Tobacco Company, previously known as Imperial Tobacco Company), a limited public company and one of India most hi-profile private firms, bought the global cigarette brand Strike in 2010 Online Cigarettes Free Shipping. A pack of 20 cigarettes was priced at Rs110 then. A pack of 20 Lucky Strike cigarettes is still Rs 110.
The same is the story for American cigarette brand Marlboro which comes from the Altria Group stable (previously, Philip Morris Companies Inc.) which is sold in India by Godfrey Philips India Ltd Marlboro Cigarettes Website, which is also a public limited company. Ironically, the same Altria Group that sells Marlboro to India, via Godfrey Philips, also sells English cigarette brand Benson Hegdes of which Philip Morris International is the owner (the other two being British American Tobacco and Japan Tobacco) to the India Tobacco Company.
Where on one hand, the Government is banning smoking in public areas and increasing the prices of cigarettes to safeguard the of the common citizen it is also Cheap Cigarettes, very strategically, leaving convenient alternatives open. The prices of cigarette brands manufactured within the country itself are hiked each year Cigarette Tobacco For Sale Online, but the prices of foreign cigarettes remain the same. The hike on cigarette brands manufactured in and sold within the country will directly influence the profits of Indian companies, and this works in the Government favour.
While claiming to reduce smoking in the country, the Government is only trying to line its own pocket. Where the Government talks about the fact that cigarette prices of the most popular tobacco brands are on the rise, the fact remains that the price of the same commodity when imported has remained the same.
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