Headlines:
| $5 more for cigarettes |
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| Sunday, 10 May 2009 | |
 Starting Monday,
cigarette smokers will start paying more for some popular brands of tobacco
products as the increase in the Special Consumption Tax (SCT) takes
effect. Carreras Limited, the country's largest distributor of cigarettes, has announced that the price of a cigarette will move from $20 to $25. The price for a carton of Craven "A" and Matterhorn will now be $4,050 while the price for Dunhill and Rothmans will move to $4,250. The suggested retail prices of Craven "A" and Matterhorn will now be $480 while Dunhill and Rothmans will be $500 dollars per pack. Last week, Finance Minister Audley Shaw announced that the SCT on cigarettes and alcoholic beverages will increase come Monday. The tax measures are expected to help the Government raise $2 billion. |