But opinions differ as to how much the fiscal measure has boosted illicit cigarette sales. Read More
Tags :Pakistan
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
The levy exceeds the market price. Read More
Only three out of Pakistan's 40-plus tobacco companies have implemented it. Read More
But enforcement is proving to be a challenge. Read More
According to Oxford Economics, the increase coincided with a sharp rise in the excise rates. Read More
Although Pakistan has long exported leaf tobacco and raw materials to various countries, this is the first time that the country exported finished productsRead More