Bahrain may lose more than BD100 million ($265 million) every year if a controversial move to triple 'tobacco tax' is implemented, said a report.
Most hit by the planned increase of 100 per cent to 300 per cent in import d
A 100 per cent increase in duty on tobacco products in the GCC could fuel growth in illicit trade, beyond the control of police and customs authorities, as a consequence of an overnight rise in the cost of cigarettes, says a report.
GCC health ministers could soon approve increasing tax on cigarettes and other tobacco products by 200 per cent, a top Bahrain health ministry official said.
The tax had been proposed by several anti-smoking societies in the region in