Tag: Cigarettes

Don’t promote use of electronic cigarettes, I&B Ministry tells media

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New Delhi: The Union Ministry of Information and Broadcasting on Tuesday highlighted the violation of provisions of promoting electronic cigarettes during a business summit here and asked the media to ensure that it does not happen again.
In a notice to all media organisations, including print, electronic and digital, the Ministry said: “It has been brought to the notice by the Ministry of Health and Family Welfare that in a recently organised Business Summit in New Delhi by a prominent media house, the forum was apparently used to promote electronic cigarettes.”
“Such an action was in violation of Section 4 of the Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage and Advertisement) Act, 2019 which prohibits advertisements that directly or indirectly promote the use of electronic cigarettes,” it said.

It said that the print, electronic, and digital media entities are “accordingly advised to ensure that the aforementioned statute is not contravened either by way of advertisement or any promotion or other campaigns etc”.
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#Dont #promote #electronic #cigarettes #Ministry #tells #media
( With inputs from www.siasat.com )

May 9, 2023
‘Cigarettes’ and chocolate ‘coins’: Justice declares Pan bankrupt

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The company recognized the inability to continue operating and honor debts, in the amount of R$ 260 million and currently had 52 employees. (Credit: Reproduction/Disclosure)
Pan Produtos Alimentícios, known for its chocolate products in the shape of cigarettes and coins, was declared bankrupt this Monday (27) by the 1st Regional Court of Business Competence and Conflicts Related to Arbitration in São Paulo.
The company, which had been in judicial recovery since 2021, had filed for self-bankruptcy in court, in the 1st RAJ (Judicial Administrative Region) of the TJ-SP (São Paulo Court of Justice), on the 13th.
+ Justice of RJ decrees bankruptcy of the company of the “pharaoh of bitcoins”
The company recognized the inability to continue operating and honor debts, in the amount of R$ 260 million and currently had 52 employees. Pan had requested a 90-day extension to the court-supervised reorganization period.
In the decision, judge Marcello do Amaral Perino said he agreed with the conversion, transformation of a judicial recovery process into bankruptcy, “in view of the unfeasibility of maintaining the company that has a long list of debts and does not present a viable plan for judicial recovery and also evidenced its economic unfeasibility.
With bankruptcy decreed, the trustee will begin the definitive closure of the factory founded in 1935 in ABC Paulista, selling the remaining assets to pay creditors.
Pan was notable for products such as chocolate cigarettes, as well as others in the shape of squares, coins and fish, and the first diet milk chocolate in Brazil. It also produced Paulistinha candies, inspired by the Constitutionalist Revolution of 1932.

#Cigarettes #chocolate #coins #Justice #declares #Pan #bankrupt

[ad_2] #Cigarettes #chocolate #coins #Justice #declares #Pan #bankrupt ( With inputs from : pledgetimes.com )

February 28, 2023
Budget 2023: Cigarettes to jewellery, here are the items to get costlier

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New Delhi: The FM has announced adjustments in duties and taxes on several items, which are likely impact their market prices from tomorrow (2 February). Here are some of the key items that are likely to cost more from the next financial year due to higher tax incidence announced by Finance Minister Nirmala Sitharaman today:
Cigarettes: For smokers, the cost of their poor habit is set to go up from 2 February as the FM has proposed a 16 per cent hike in the National Calamity Contingency Duty (NCCD) on cigarettes. While, leading companies like ITC, which owns top selling brands like Gold Flake, Classics and Flake and Silk Cut, and Godfrey Phillips (brand licence of Marlboro) haven’t revealed their plans on price hikes, analysts from Nuvama Securities estimate a 2-3 per cent price hike on cigarettes.
Gems & Jewellery: Prices of a host of gems and jewelleries are set to go up as customs duty on several key items – from silver, gold and platinum to imitation jewelleries – have been introduced that are effective from tomorrow. Overall, duties on silver have been raised by 7.5 percentage points – from 7.5 per cent to 15 per cent. While on imitation jewellery the increase in central excise is in the tune of 50 per cent. Central excise on precious metals like gold and platinum have been raised by 25 per cent.
Imported Electric Vehicles: Electric vehicles imported in semi-knocked down form will attract higher central excise duty – to the tune of 35 per cent, up from 30 per cent now. While duty on complete finished EVs that will be imported from tomorrow will attract 70 per cent duty, compared to 60 per cent. Duty on imported bicycles has also been raised by 16.67 per cent.
Electric Kitchen Chimney: With doubling of excise duty on imported electric kettle chimney – from 7.5 per cent to 15 per cent, prices are set to go up. (Business Today)
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#Budget #Cigarettes #jewellery #items #costlier
( With inputs from : roshankashmir.net )

February 1, 2023