ITC hikes cigarette prices by up to Rs 10/pack

Written by PTI | New Delhi | Updated: Aug 5 2014, 09:02am hrs
Diversified conglomerate ITC has raised the prices of select cigarette brands like Classic and Gold Flake Kings by up to R10/pack in the wake of hike in excise duty on cigarettes in the Budget.

"Prices of select ITC Cigarette brands have been increased and new stocks are expected to hit the market shortly," an ITC spokesperson said.

Prices of Classic and Gold Flake Kings have been revised from R85 to R95 for packs of 10, the spokesperson added.