Categories · Business (Tobacco)
· Tax
non-USA, by Country · Malaysia
Organizations · BAT
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Jump to full article: The Star (my), 2008-08-30
Intro: THE Government has proposed that excise duty on cigarettes be increased by three sen per stick to 18 sen. With this, the duty for a 20-stick pack is now higher by 60 sen.
The excise increase of three sen per stick also brings the total excise hike to 380% over the last five years.
British American Tobacco (M) Bhd (BAT) managing director Jack Bowles said: "We are disappointed that there is such a high excise increase.
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