Budget 2013: Excise duty raised on non-cigarette tobacco products
Published on Feb 25, 2013 4:54 PM
Excise duties for beedies, ang hoon and smokeless tobacco will be raised by 25 per cent from $239 per kilogram to $299 per kilogram in Singapore Budget 2013.
Singapore Budget 2013 will also see the excise duty for unmanufactured tobacco raised by 1.5 per cent from $347 per kilogram to $352 per kilogram.
Deputy Prime Minister Tharman Shanmugaratnam announced this on Monday during his Singapore Budget 2013 speech.
He said this was the final step to harmonise the tax rates between cigarette and non-cigarette tobacco products which started two years ago.
For more news and analysis on Singapore Budget 2013, click here for ST's Big Story coverage.