8- Fixation of prices:
(1) The Federal Government may, by notification in the official Gazette, fix the minimum prices below which and the maximum prices above which, tobacco of various grades shall not be bought or sold for consumption within Pakistan or for export; and different prices may be fixed in respect of different areas.
(2) No person shall buy or offer to buy or offer to sell tobacco at any price below the minimum or above the maximum fixed under sub-section(1).
9- Levy of cess:
(1) For the purpose of this Ordinance, there shall be levied and collected in such manner as may be prescribed a cess on tobacco produced in Pakistan at such rate or rates, not exceeding three per cent ad valorem, as the Federal Government may, by notification in the official Gazette, specify in this behalf; and the proceeds of the cess, after deducting the cost of collection, if any, shall be paid to the Board.
*(1A) The Federal Government may, from time to time by notification in the official Gazette, fix, for the purpose of levying a cess under sub-section (1), tariff values of tobacco produced in Pakistan and may alter tariff values for the time being in force.
*(1B) Different tariff values may be fixed for different classes for descriptions of tobacco.
(2) The Board shall apply the proceeds of the cess paid to it under sub-section (1) for meeting the expenses which may be necessary for the performance of its functions under this Ordinance including expenses for contributing towards a contributory provident fund constituted and maintained in such manner as may be prescribed for the benefit of the employees of the Board.
To download MIP and Cess rate for 2022 crop, please click on bellow link