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Ultimately, foreign brands, overseas tobacco farmers, are gaining and there is forex outflow. Deveshwar was referring to the recent increase in compensation cess under GST on cigarettes, which, along with the increase in excise duty in the February budget, has increased the tax burden on the cigarette business by over 20%
Under the new system, each market would receive enough buyers and graders to sell the allotted tobacco poundage for a year
Critics cited the cutbacks as a major factor in CBS News' fall into third place in the ratings