Philip Morris insists it is in full compliance with fiscal obligations for all its brands. Read More
Tags :Pakistan
Untaxed products already account for more than 40 percent of the market. Read More
The companies offered PKR425 ($1.48) per kilogram for Virginia tobacco.Read More
A recent hike in tobacco excise taxes prompted legal tobacco companies to cut production.Read More
A February increase in duties turbocharged sales of black market cigarettes. Read More
But opinions differ as to how much the fiscal measure has boosted illicit cigarette sales. Read More
Pakistan Tobacco Trims Output as Illicit Trade Booms After Tax
The firm intends to re-export unused cigarette machines. Read More
The government dismissed concerns about black market sales. Read More
A recent excise duty increase has doubled the price difference between legal and illegal cigarettes.Read More
The nation exported tobacco worth $13.8 million during the quarter. Read More