New Delhi: Bad news for cigarette smokers! The central government has increased the tax on cigarettes drastically. According to the notification issued by the Finance Ministry, excise duty and GST have been increased on cigarettes, which has led to a big jump in its prices. The government aims to reduce tobacco consumption and improve public health through this decision.
Which cigarette became how expensive?
Tax has been increased on different types of cigarettes, which is going to have a direct impact on its prices.
Small cigarettes (up to 65 mm long)
Earlier: ₹2000 per 1000 cigarettes
Now: ₹2500 per 1000 cigarettes
25% hike
Medium cigarettes (65-75 mm long)
Earlier: ₹3300 per 1000 cigarettes
Now: ₹4000 per 1000 cigarettes
21.2% hike
Long cigarettes (75-85 mm long)
Earlier: ₹4500 per 1000 cigarettes
Now: ₹5200 per 1000 cigarettes
15.5% hike
Longest cigarettes (more than 85 mm long)
Earlier: ₹5900 per 1000 cigarettes
Now: ₹6800 per 1000 cigarettes
15.2% hike
What is the government’s motive?
The government has taken this decision to discourage tobacco consumption and reduce the negative effects on health. The increase in tax will increase the prices of cigarettes, which may motivate people to quit smoking or reduce its consumption.
How will it affect?
After this increase, cigarette companies will have to increase production costs and prices, due to which consumers will have to spend more money to buy it. As a result, the prices of tobacco products are likely to rise after the budget, which may affect sales.
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