Hirunews Logo
Cigarette+price+to+be+increased+up+to+50+rupees+margin%3B+Proposal+to+be+presented+before+cabinet+in+two+weeks
Sunday, 25 September 2016 - 19:08
Cigarette price to be increased up to 50 rupees margin; Proposal to be presented before cabinet in two weeks
1,925

Shares
231,051

Views


The Alcohol and Drug Information Centre, the ADIC, says that the price of a cigarette will reach the margin of Rs. 50, if the price is increased by Rs. 5 and a 15% VAT is imposed on cigarettes.

Director of the ADIC, Sampath de Seram noted that this move would mark the history’s highest price increment in cigarette.

Health Minister Rajitha Senaratne stated that a proposal to increase the price of cigarette by Rs. 5 and charge a VAT of 15% is to be presented before the cabinet in two weeks.

The minister stated this while participating in a recent commemoration ceremony of Professor Senaka Bibile.

In addition, the minister noted that the government is taking measures to introduce a dark packaging for the cigarettes which would not consist of attractive brand logos, symbols or colours.

The Director of ADIC, Sampath de Seram further noted that the pictorial warnings appearing on the current packaging will not be excluded, even after introducing the dark packaging without brand logos or colours.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
Heavy snow across the globe
Friday, 13 January 2017 - 9:29
Many countries are experiencing heavy snow, foreign media states. The temperature in England, Scotland, North Ireland and Wales has hit minus 10 degrees... Read More
News Image
Hiru News Programme Segments
317 Views
753 Views
2,236 Views
1,552 Views
9,644 Views
44,366 Views
Top