VAT pushes cigarettes prices up

1 November 2016 09:31 am Views - {{hitsCtrl.values.hits}} 14 Bookmark

CHATURANGA PRADEEP SAMARAWICKRAMA Follow

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Prices of cigarettes were increased from midnight yesterday with the implementation of the 15 per cent VAT from today, the Ceylon Tobacco Company (CTC) said.

They said the price of a Gold Leaf was increased by Rs.8, Dunhill by Rs.10 while the price of a Bristol was increased by Rs.5.

After the price increase, the new price of a Gold Leaf would be Rs.50, Dunhill Rs. 55 and a Bristol Rs. 35. There is no increment of the Capstan brand of cigarettes. (Chaturanga Pradeep)

Comments - 14

Roman Tuesday, 01 November 2016 10:20 AM

Omg! who would spend 1100/- for a pac of fags? CTC is going down this time around!

5 27

dd Tuesday, 01 November 2016 11:29 AM

wives and children will suffer via DM Android App

7 16

Arnold Tuesday, 01 November 2016 11:39 AM

The smugglers and customs officers are going to become even richer. But the sad part is that most of that money ends up overseas.

0 23

ADF Tuesday, 01 November 2016 11:40 AM

Dont me so sure my friend an addict will always be an addict ... there may be a slight drop but a smoker will always smoke

8 27

southpaw Tuesday, 01 November 2016 12:14 PM

The Dreams of Chain Smoker in Sri lanka have gone up in smoke!

1 20

J Palitha Tuesday, 01 November 2016 06:20 PM

Very soon Ceylon Tobacco will be closed and the Govt. is going to face a big loss on taxes.

7 2

Kadupol Jothywansa Tuesday, 01 November 2016 06:21 PM

Good.... gooday good.... varay waha.....

0 0

Vijith Pieterz Tuesday, 01 November 2016 06:23 PM

Not only fags, even the Liquor prices have gone up by Rs. 200/- per 750 Ml. Why mention only fags...how about Liquor?

0 2

Desmond Jeromme Tuesday, 01 November 2016 06:24 PM

By this the public is adding 75% additional votes to JO.

6 4

Bubble Banda Tuesday, 01 November 2016 06:27 PM

Definitely Sir, some politicians are smuggling cigarettes, what is the action.

0 5

Kiris Baba Amaray Tuesday, 01 November 2016 06:28 PM

I bet you with anyone. If you go to Carlton - plenty of foreign cigarettes in cartons are hidden.

0 4

Kadupol Jothywansa Tuesday, 01 November 2016 06:30 PM

Yes, smoker will anyway smoke at any cost. Only the wives will suffer, that is all Govt. wanted.

5 1

Triple X Wednesday, 02 November 2016 06:04 AM

You mean, in Sri Lanka more than 75% are smokers. How about your children in future?

1 3

ruwan Wednesday, 02 November 2016 11:00 AM

sales will reduce less than proportionate to the change in price. Over time people will move away from buying cigarettes and find other substitutes.. but the prob is people can move into the grey or black markets. big possibility will go in search for cannabis..

0 0

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