Smuggling Smokes: The Booming Black Market
Even as taxes take a toll on homegrown tobacco firms, the Illegal cigarettes trade remains smoking hot. With illicit trades now accounting for 40% of the total cigarette market, India is ranked in the top 5 countries facing this problem. Host Dia Rekhi explores what's firing up this illegal trade, this with Anil Rajput, Senior Vice President of Corporate Affairs at ITC and P C Jha , Former Chairman, Central Board of Indirect Taxes.
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The skinny
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