The Centre for Policy Dialogue (CPD) has proposed introducing an excise duty of Tk10 on each stick of cigarettes.
It also called for eliminating the tiers of cigarette taxation and replacing those with a single universal system, while presenting recommendations for the budget of the next fiscal year 2023-24 on Monday (27 March).
The specific excise duty, which is fixed per stick or per pack, could be implemented instead of an ad valorem tax.
