![](https://www.ficcicascade.in/wp-content/uploads/2018/07/1439889696-7099.jpg)
Hope on GST to curb cigarette smuggling: Tobacco Institute of India
TII says India has become fastest growing and fourth largest illegal cigarette market in the world.
The coming national goods and services tax (GST) will, says the cigarette industry, help curb smuggling of items in the segment.
Cigarettes, both duty paid and tax paid, comprise 15 per cent of the entire tobacco market in India, which was estimated at Rs 144,000 crore in 2015.
The Tobacco Institute of India (TII), representing 98 per cent of duty-paying cigarette makers, says the country has become the fastest growing and fourth largest illegal cigarette market in the world, on account of excessive taxation.
Related Posts
Man Held With Illegally Smuggled Cigarettes Worth Rs 7.3 Lakh In Delhi
New Delhi, Apr 27 (PTI) The police have arrested a man and recovered 3,650...
Excise seizes illicit liquor, fake notes worth over Rs 1L
Thiruvananthapuram: Based on a tip-off, a team of excise officers at Vamanapuram...
Black Country cigarette smuggler jailed for three years
Gulan Shaikh, aged 64, of Essington Road, Willenhall, was spotted using a mobile...
NAFDAC destroys N500m fake drugs in Onitsha
Substandard and expired drugs, diapers, baby milk and other items worth about...