Cigarettes being sold in black

Published May 27, 2015
Many brands, such as Gold Leaf and Marlboro, are being sold at higher rates. -AFP/File
Many brands, such as Gold Leaf and Marlboro, are being sold at higher rates. -AFP/File

KARACHI: Local cigarettes are being sold in black ahead of the budget 2015-16.

Many brands, such as Gold Leaf and Marlboro, are being sold at higher rates.

A Rs100 packet of Gold Leaf is being sold at Rs110 while Rs180 Marlboro pack is fetching Rs240; Rs120 pack of Benson and Hedges is available at Rs150 while Rs110 Dunhill at Rs145.

Capstan and Morven are dearer by Rs5.

Dealers said the supply of local cigarettes has slowed down drastically over the past months by the manufacturers. According to market observers, no federal and provincial authority has intervened so far.

According to figures of large scale manufacturing (LSM) issued by Pakistan Bureau of Statistics (PBS), cigarette production in the country stood at 46.7 billion in July-March 2014-15 as compared to 47bn in the same period last fiscal year.

In July-June 2013-14, production stood at 64.4bn as compared to 67.3bn in 2012-13.

Taking an average price of Rs5 per cigarette and average yearly production of 64bn cigarettes means the people burn over Rs250 billion to ash in a year.

A dealer in F.B. Area said the suppliers have piled up stocks and they would release it after the budget when new taxes and duties would be imposed.

Published in Dawn, May 27th, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Confused state
Updated 05 Jan, 2025

Confused state

WHEN it comes to combatting violent terrorism, the state’s efforts seem to be suffering from a lack of focus. The...
Born into hunger
05 Jan, 2025

Born into hunger

OVER 18.2 million children — 35 every minute — were born into hunger in 2024, with Pakistan accounting for 1.4m...
Tourism triumph
05 Jan, 2025

Tourism triumph

THE inclusion of Gilgit-Baltistan in CNN’s list of top 25 destinations to visit in 2025 is a proud moment for...
Falling temperatures
Updated 04 Jan, 2025

Falling temperatures

Vitally important for stakeholders to acknowledge, understand politicians can still challenge opposing parties’ narratives without also being in a constant state of war with each other.
Agriculture census
04 Jan, 2025

Agriculture census

ACCURATE information relating to agricultural activities is vital for data-driven future planning, policymaking, as...
Biometrics for kids
04 Jan, 2025

Biometrics for kids

ALTHOUGH the move has caused a panic among weary parents mortified at the thought of carting their children to Nadra...