Due to the tax reduction of the BAT Pécsi Tobacco Factory e-cigarette black market may be reduced
In Hungary, it is estimated that 80-85 percent of e-cigarette sales come from the black trade, which, according to industry estimates, causes more than 6 billion HUF excise tax and VAT losses and 3 billion HUF revenue losses for retailers.
One of the most effective measures against black trade may be the reduction of excise duty on nicotine refill liquids in March – the BAT Pécsi Tobacco Factory (BAT Pécsi Dohánygyár) told MTI on Wednesday. (MTI)
Related news
Weird rules now apply to e-cigarettes
As of July 1st, new legislation came into effect in…
Read more >With BAT’s additional investment of HUF 60 billion, a new production center for smokeless products will be created in Pécs
The investment announced today by the Minister of Foreign Affairs…
Read more >ULT Magyarország has raised its basic tobacco purchase prices
In this year’s tobacco growing season, Universal Leaf Tobacco (ULT)…
Read more >Related news
Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >Healthy summer nutrition tips with Eisberg
With the arrival of the really hot summer and the…
Read more >Tetra Pak has announced that Alex Henriksen will be the managing director of the Eastern European region
Tetra Pak, one of the world’s leading food processing and…
Read more >