British American Tobacco (Malaysia) Bhd (BAT Malaysia) is increasing the price of its cigarette packs by 20 sen from today, as a result of last Friday's increase in the ex-factory pricing of its cigarettes of between 26% and 58% by the Royal Malaysian Customs. In a statement yesterday, BAT Malaysia said the price increase is for all its cigarette brands.
For example, the price of a 20-stick packet of Dunhill cigarettes is now RM10.20 from RM10, while that of Pall Mall is RM8.70 from RM8.50. The new prices, meanwhile, for a packet of Kent is RM10.20, Peter Stuyvesant RM8.70, Pall Mall Plain RM10.60, Benson & Hedges RM10.20, Lucky Strike Plain RM10.60 and Rothmans RM10.60.
"We were officially informed by the Customs on Thursday of a mandated uplift in the ex-factory pricing of our cigarettes of between 26% to 58% effective Friday," said its managing director William Toh. "The consequence is that excise and sales tax payable has increased." When contacted by SunBiz yesterday, JT International Trading Sdn Bhd corporate affairs and communications director Azrani Rustam said the company has no comments at this stage on the move by BAT Malaysia.
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