- BNTTP supports government’s decision to raise VAT on tobacco products
- VAT and supplementary duties increased on over a hundred goods and services
- Increase in price and tax rates on all tiers of cigarettes seen as positive for public health
- National Board of Revenue issued ordinances for immediate implementation of changes
- Decision to increase prices and tax rates on tobacco products will benefit public health
- Price and tax rates increased for low, medium, high, and ultra-high tier cigarettes
- Historic decision for public health protection in Bangladesh
- Over 70% of cigarette consumers in Bangladesh use low-tier cigarettes
Source: dhakatribune.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
