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Michele Maron, a JTI spokeswoman, said the company supports responsible use of flavors and will continue to defend the rights of informed adults to choose legal tobacco products but opposes sales to minors

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Read more here: Shounak Chakravarty #CrisilRatings #CigaretteIndustry #Liquidity #GSTRate To view or add a comment, sign in Shares of ITC fell over 5% to a 52-week low after the government announced a fresh excise duty on cigarettes, adding to existing GST levies and triggering sharp investor reaction