According to the former NBR chairman, revenue collection from tobacco products accounts for Tk22,800 crore - around 11% - of the NBR revenue outlay. He also proposed increasing the price or every 10 sticks of medium grade cigarettes to Tk63, and setting the supplementary duty rate for such tobacco at 65%. Furthermore, the price of every 10 sticks of high-end cigarettes is to be increased to Tk93-Tk123, keeping the supplementary duty rate at the existing 65% rate. The price of 25 sticks of non-filter bidi will be fixed at Tk14, with a supplementary duty rate of 35%, and the price of 20 sticks of filtered bidi will be set at Tk17, with the supplementary duty rate at 40%. The minimum retail price was proposed to be set at Tk30 per 10 grams for Zarda and Tk15 per 10 grams for Gul, with the supplementary duty rate at 50%.

Source: Dhaka Tribune June 22, 2019 16:07 UTC