FED increased on cigarettes

KARACHI: Federal government has proposed significant increase in the rate of Federal Excise Duty on cigarettes.

According to the proposal, FED would be Rs4500/thousand cigarettes on locally produced cigarettes if their on-pack printed retail price exceeds Rs4500/thousand cigarettes.

FED would be Rs1840/thousand cigarettes on locally produced cigarettes if their on-pack printed retail price exceeds Rs2925/thousand cigarettes but does not exceed Rs4500/thousand cigarettes.

FED would be Rs1250/thousand cigarettes on locally produced cigarettes if their on-pack printed retail price does not exceed Rs925/thousand cigarettes.

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