Categories · Tax
non-USA, by Country · Maldives
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Jump to full article: Minivan News (mv), 2007-04-04 Author: Aiman Mohamed
Intro: The Finance Minister, Gasim Ibrahim has proposed double duty on cigarettes, tobacco and tobacco products citing health reasons.
Speaking in Parliament on the government’s proposed amendments to the Import Export Bill, Gasim said that even though the proposed amount on cigarettes, tobacco and tobacco products was high, the ill effects of smoking were higher.
If the amendments pass, the duty per cigarette will increase from 30 laari to 60 laari. This means that the price of a cigarette pack will increase from the current Rf. 20 to about Rf. 26 in the market.
We asked people in Malé’s streets what they think.
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