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ILLEGAL TOBACCO TRADE
FRAI urges govt to intensify crackdown on counterfeit products, illicit tradeRetailers are urging the government to intensify efforts against illegal trade and fake products, citing risks to consumer safety and the l...- Philip Morris India calls for stronger enforcement and collaboration to disrupt illicit tobacco ecosystemAs per the Tobacco Institute of India (TII), in India, illicit cigarettes represent nearly one-fourth of the domestic market, with estimate...
- 2,400,000,000,000: Chinese are smoking nearly half of world's totalChina's cigarette consumption has surged by 39% between 2003 and 2023, contrasting with a global decline. Despite fewer young smokers, low ...
- On their toes: Brands step up anti-counterfeit drive as fake products flood marketsCompanies are fighting a rising tide of fake goods. Brands from toothpaste to cigarettes are changing packaging and tightening checks. Coun...
- Illegal cigarettes account for one-fourth of market: ReportThe report by tobacco industry body The Tobacco Institute of India (TII), the steep tax increases on cigarettes have provided a boost to il...
- FAIFA asks govt for tax policy that disincentivises illegal cigarette tradeThe Federation of All India Farmer Associations (FAIFA), which claims to represent farmers of commercial crops from various states, includi...
- Use GST to curb illegal cigarette trade, tobacco body saysTobacco Institute of India director Syed Mahmood Ahmad said GST presents a unique opportunity to government to address the growing illegal ...
- Plain packaging will destroying legal domestic industry: TIIUnder plain tobacco packaging currently followed only in Australia, logos, colours, imagery and promotional information are not allowed on ...
- CII, FICCI oppose 85% pictorial warning on tobacco productsThe chambers in their representation argued that tobacco regulation in India has led to proliferation of illegal and contraband products, i...
- Tobacco growers blame lobbyists for high taxes hereITGA has claimed that more than $1 billion have been pumped into anti-tobacco movement in last two years by Bill and Melinda Gates Foundati...
- Budget 2016: Excise duty hike on tobacco products will have negative impact on cigarette companiesITC, the country’s largest cigarettes seller, did not respond to the mail seeking comment on the latest excise hike in the national budget.
- Budget 2016: Excise duty on tobacco products up by 10-15%; cigarettes set to cost moreCigarette prices are set to go up for the fifth successive year in India with the Budget announcing 10-15% increase in excise duty for all ...
- Government needs to introduce tobacco regulation to prevent trade in illegal cigarettesSales volume has declined by as much as 15 per cent in the last two quarters, with the affordable sub-65 mm length cigarettes prices having...
- Assam, Meghalaya losing Rs 700 crore every year to illegal cigarette tradeAccording to officials in Assam and Meghalaya governments, almost 23 crore illegal cigarette sticks are sold in these two states every mont...
- ITC says fiscal challenging for cigarette businessThe company said it has focused on building flexibility and agility across the supply chain to ensure delivery of volume and variety.
- Smuggling of cigarettes into India increases four times: WHOCigarette smuggling into the country increased four-fold between 2012 and 2014, seizure data from the Directorate of Revenue Intelligence (...
- Budget 2015: Widen tax base to cover all tobacco products, says TIIHigh taxation should not be restricted only to cigarettes but all forms of tobacco must be included to counter the growing menace of contra...
- Impose higher taxes on all illegal tobacco products: TIIExcise duty was increased to 72 per cent on cigarettes of length not exceeding 65 mm and to 11-21 per cent for those of other lengths.
- Budget 2014: Cigarette makers urge government to not increase excise dutyWorried by falling stock prices cigarette makers are lobbying hard to prevent the government from hiking excise duty for the third straight...
- Cigarette taxes are discriminatory: Kurush GrantDiscriminatory taxes on cigarettes have not helped reduce the tobacco consumption in the country, says ITC divisional chief executive (toba...
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