[PRICE LIST] Cigarette Prices Go Up To RM12, Effective Today
British American Tobacco (BAT) recently increase the prices of all its cigarette brands on 3rd June 2013. They have no choice but to increase their prices again today (30 September 2013) due to a sudden hike in tobacco excise duty of 14%.
The new cigarette retail prices effective 30th September 2013
Berita buruk buat perokok tegar.. Harga Rokok naik
blogspot.comBritish American Tobacco will increase its cigarette prices on 30 September 2013
Kenaikan Harga Rokok Naik Esok (30 September 2013) Dunhill RM12.00!
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ariffshah.comBAT will increase prices of all its cigarette brands today (Sept 30, 2013). The quantum of the increase was not stated.
i4u.comThe company's pricing decision took into account the loss of legal volumes due to illegal cigarettes, consequential loss of industry's and retailers' margins and ongoing inflationary pressure.
i4u.comThis is following a sudden 14% increase in tobacco excise duties by the government
British American Tobacco Malaysia (BAT), which holds a 63% share of the local cigarette market, is shocked over the increase of tobacco excise by 14%, calling it excessive and a move that will play directly into the hands of criminal syndicates of illegal cigarettes trade.
malaysiandigest.comBAT managing director Stefano Clini says the drastic tax increase is shocking and disappointing
BAT managing director Stefano Clini said, "This announcement is indeed shocking and disappointing."
malaysiandigest.com"The industry is not opposed to excise increases and has always advocated for a moderate and gradual approach, precisely to avoid the current situation of a sudden and huge excise hit after 2 years of no excise increases."
malaysiandigest.comThe cigarette maker said in a statement yesterday, the excise price increase will put considerable stress on disposable income and exacerbate rising cost of living, especially after the recent hike in petrol prices and inflation.
thesundaily.myBAT says the government should give priority to tackling illegal cigarette trade instead of drastic tax hikes
BAT said it would have been better if the government gave priority to tackling the illegal cigarette trade rather than increasing taxes drastically.
"There is about RM2 billlion in revenue that is lost to illegal cigarettes.
"Hopefully the government will enhance its enforcement efforts and seriously consider deploying more deterrent laws such as mandatory imprisonment for dealing in illegal cigarettes, to curb the growth of this national scourge," BAT said.
thesundaily.myClini said despite the measures taken, the company would be hard pressed to counteract its loss of returns due to volumes lost to illegal cigarettes.
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