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24-B Minimum retail price of cigarettes

For the purposes of payment of Federal excise duty, the minimum retail price (excluding sales tax) of cigarettes, shall not be less than eighty-four per cent of the retail price specified under column 2 of serial No. 11 of Table I of the First Schedule to the Act. 24C Time and manner of payment of duty. (1) Federal excise duty chargeable on th...


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