The proposal to impose excise duty on cigarettes in duty-free areas may cause retailers to lose up to between 30 per cent and 40 per cent of their annual revenue, Langkawi Chinese Chamber of Commerce said. ― AFP pic
Its president, Lee Han Eng, said imposing tax on popular items in duty-free areas will lead to a fall in demand and some retailers may lose purchasers while suffering from a drop in overall customer traffic.
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