Cigarettes to Cost More Now: Check the Latest Prices
The government has hiked the National Calamity Contingent Duty (NCCD) on cigarettes, making them more expensive immediately. Smokers will see a price rise of Rs 5 to Rs 10 on a standard 20-cigarette pack.
Key Takeaways
- NCCD on cigarettes increased by 10-16% across length categories.
- Price of a 20-cigarette pack to rise by Rs 5-10.
- Revised duty is effective immediately.
- Move aims to curb tobacco consumption through fiscal measures.
Revised NCCD Duty Structure
According to a from the Central Board of Indirect Taxes and Customs (CBIC), the new duty rates are:
- Up to 65 mm: Rs 2,672 per thousand sticks (from Rs 2,417).
- 65 mm to 70 mm: Rs 3,047 per thousand sticks (from Rs 2,767).
- 70 mm to 75 mm: Rs 3,785 per thousand sticks (from Rs 3,260).
- Above 75 mm: Rs 4,621 per thousand sticks (from Rs 3,947).
This duty is in addition to the existing Goods and Services Tax (GST) and other cesses.
Impact on Retail Prices
The duty hike will be passed on to consumers. The exact price increase may vary by brand as companies adjust their strategies. Industry sources confirm new retail prices will be visible in the market in the coming days.
Public Health Objective
The government periodically revises tobacco duties as part of its public health policy to discourage consumption. Tobacco use remains a leading cause of preventable diseases in India, and this fiscal measure aims to curb its use.
