Picture of ITC logo

ITC — ITC News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer DefensivesConservativeLarge CapNeutral

India imposes excise duty on cigarettes effective February 1

NEW DELHI, Dec 31 (Reuters) - India has imposed an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry said in an order late on Wednesday.

(Reporting by Nikunj Ohri, Chris Thomas)

((nikunj.ohri@thomsonreuters.com; +91 90284 60730; Reuters Messaging: twitter.com/nikunj_ohri))

Recent news on ITC

See all news