88036
Cigarette consumption in Iran stands at 72 billion sticks, of which 49 billion are produced by local factories.
Cigarette consumption in Iran stands at 72 billion sticks, of which 49 billion are produced by local factories.
Thursday, June 14, 2018

Tobacco Import Tariffs Rise

Thursday, June 14, 2018

Tobacco Import Tariffs Rise

Tariff on tobacco imports has increased from 5% to 15%. 
Criticizing the move to raise tariffs, Chairman of Tobacco Products Importers and Exporters Association Mohammad Reza Tajdar added that the justification presented for raising tariffs includes lending support to tobacco farmers and encouraging tobacco companies to use local products. 
Noting that the country’s tobacco industry uses different types of foreign tobacco, Tajdar said locally-harvested tobacco cannot match all tastes so producers have to import tobacco from various tobacco-growing regions. 
He put the country’s annual cigarette consumption at 72 billion sticks, of which 49 billion are produced by local factories. 
“Imports from legal ports of entry stand at three billion while the rest of the cigarettes smoked by Iranians are supplied by smugglers,” IRNA quoted Tajdar as saying. 
 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/y7TESg
06/14/2018
  1. https://goo.gl/tayGrb
  • https://goo.gl/3CTKzA
  • https://goo.gl/cDkzNL
  • https://goo.gl/MX9DUr
  • https://goo.gl/GWzNsD

You can also read ...

BMW’s Tech-Stuffed Concept SUV Heralds Fancy, Electric Future
Changing notions of what customers want from cars have pushed...
Tesla Hits New Speed Bump
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday...
Oil & Gas Sector Most Conducive for Business
The research arm of Iran’s Parliament has conducted a first-of...
3 CBI Officials  to Leave
Following the recent passage of the law banning the employment...
CBA Concerned About Forex Outflow to Iran
The Central Bank of Afghanistan raised concerns about the...
Anzali Port to Be Connected to National Railroad
Anzali Port in the northern Gilan Province will be connected,...
Mineral Trade Surplus Hits $2.9b
Iran exported more than 25.47 million tons of mineral products...
Departure Tax Revenues  Up 117 Percent
The government earned 3 trillion rials ($24 million) from...

Add new comment

Trending

Googleplus