Cigarette manufacturer ITC has hiked the prices of select cigarette brands like Classic and Gold Flake Kings by up to Rs 10/pack in light of the rise in excise duty on cigarettes in the Budget.
An ITC spokesperson said that the prices of select ITC Cigarette brands have been increased and the stocks with increased prices will hit the market in the coming weeks. Prices of Classic and Gold Flake Kings have been revised from Rs 85 to Rs 95 for packs of 10, the spokesperson added.
Further, prices of Bristol Filter have been increased from Rs 45 to Rs 47, Capstan Filter from Rs 39 to Rs 47, Flake Filter from Rs 39 to Rs 48 and Flake Excel Filter from Rs 39 to Rs 45.
However, prices of brands like Navy Cut at Rs 69, Gold Flake Filter at Rs 59, Gold Flake Premium Filter at Rs 58 , and Scissors Filter and Flake Premium Filter at Rs 50 remain unchanged. ITC's main rival Godfrey Phillips, however, preferred not to comment on price hike on its products.
In the Budget, Finance Minister Arun Jaitley had announced an increase in excise duty on cigarettes in the range of 11 per cent to 72 per cent.
Besides manufacturing cigarettes, ITC also has business interests in various verticals including FMCG, hotels, paperboards and packaging, tobacco products and information technology.
Mydiscountcigarette.net offers cheap Classic online at lowest price!
An ITC spokesperson said that the prices of select ITC Cigarette brands have been increased and the stocks with increased prices will hit the market in the coming weeks. Prices of Classic and Gold Flake Kings have been revised from Rs 85 to Rs 95 for packs of 10, the spokesperson added.
Further, prices of Bristol Filter have been increased from Rs 45 to Rs 47, Capstan Filter from Rs 39 to Rs 47, Flake Filter from Rs 39 to Rs 48 and Flake Excel Filter from Rs 39 to Rs 45.
However, prices of brands like Navy Cut at Rs 69, Gold Flake Filter at Rs 59, Gold Flake Premium Filter at Rs 58 , and Scissors Filter and Flake Premium Filter at Rs 50 remain unchanged. ITC's main rival Godfrey Phillips, however, preferred not to comment on price hike on its products.
In the Budget, Finance Minister Arun Jaitley had announced an increase in excise duty on cigarettes in the range of 11 per cent to 72 per cent.
Besides manufacturing cigarettes, ITC also has business interests in various verticals including FMCG, hotels, paperboards and packaging, tobacco products and information technology.
Mydiscountcigarette.net offers cheap Classic online at lowest price!
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