In 10 days, i.e. from 1 January 2019, the excise duties on fine-cut smoking tobacco will increase from €30 to €35 per kilogram, on ethyl alcohol from €1,050 to €1,250 per hectolitre and on carbonated drinks from €20 to €25 per hectolitre, the Ministry of Finance told Pobjeda daily. This means the price of these products would increase but we still don’t know how much.
The Ministry of Finance reminded of the excise tax calendar which entered into force as of August 2018, when the excise tax on the fine-cut smoking tobacco decreased from €54 to €30 per kilogram (this price is valid from 1 September to 31 December 2018).
From 1 January to the end of 2019, the excise tax on fine-cut smoking tobacco will be €35 per kilogram, from 1 January to 31 December 2020 – €40, in 2021 – €45, while in 2022 it will amount to €50 per kilogram.
The Ministry also stated that so far it has generated €37.6 million from excise taxes on tobacco product, which is by 26.6% or €13.6 million higher compared to the same period last year.
Nevertheless, the import of fine-cut smoking tobacco in the country hasn’t increased even though many people started using it.
