TII said the government loses revenue of more than Rs 15,000 crores per annum on account of illegal cigarette trade
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The increase in cigarette prices will vary depending on the length and type of cigarette.According to distributors, premium cigarettes of 76 mm length will now cost Rs 5055 more per pack of 10 sticks, depending on the brand.While manufacturers are yet to issue revised MRP declarations, distributors have begun billing old stock to retailers with 40% GST.With wholesale markets shut on Sunday, distributors expect fresh stock with new MRPs to be lifted from Monday onwards.According to news agency PTI, a packet of Wills Navy Cut (76 mm), earlier priced at Rs 95 per pack of 10 sticks, is expected to cost around Rs 120 per pack.Cigarettes of 84 mm lengthsuch as Gold Flake Kings and Lights, Wills Classic and Wills Classic Mildscurrently priced at Rs 170 per pack of 10 sticks, are expected to cost between Rs 220 and Rs 225 per pack
Nevertheless, I am very excited by Miyazakis move to come back to create one more film for Studio Ghibli and fans will definitely be swarming the box offices to see this one
