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Budget 2020: Smokers have to pay more on cigarettes

Updated : February 01, 2020 07:02 PM IST

A rough calculation suggests a 10 percent increase in excise duty. If companies don’t pass on can impact ebit by 15-16 percent.
Excise duty on cigarettes across various lengths increased.
Budget 2020: Smokers have to pay more on cigarettes

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