The price of pálinkas may increase by 10 to 20 percent because of the NETA
If the public health product tax (NETA) should also be extended to these products it would increase the consumer prices of pálinka and herbal sparkling liquors by ten to twenty percent – agrarszektor.hu wrote. Although the European Commission has now called on Hungary to change its current legislation within two months, it may take years to come to an end.
In any case, it would increase the prices of pálinka and herbal-based spirits – basically bitter liqueurs – if NETA would be applied for this product – Barabás Attila, Chief Executive Officer of the Győri Likőrgyár Zrt. and President of the Hungarian Pálinka Knights Association told agrárszektor.hu. (agrarszektor.hu)
Related news
The agricultural council must show the main directions of the agricultural policy after 2027
The aim of the six-month Hungarian presidency of the Council…
Read more >The mandatory redemption system imposes an unreasonable burden on brandy distilleries
Less frost damage than last year had a positive effect…
Read more >Croatia has the cleanest natural bathing waters in Europe
According to this year’s investigation by the European Commission (EC)…
Read more >Related news
Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >