Excise tax on tobacco products has increased
The excise tax on tobacco products has increased: the minimum tax rate for cigarettes increased from 28,800 HUF to 29,200 HUF per thousand, while the minimum tax rate for cigars from 4120 to 4180 HUF. The tax rate for consumption tobacco increased from 16,200 HUF to 17,300 HUF on 1 July.
However, the excise duty on electric cigarettes did not change, which is 10 HUF per piece for single use (disposable) products and 70 HUF per milliliters for liquid, and 55 HUF per milliliter in the case of filling fluids. (MTI)
Related news
National tobacco shops further increase their share in FMCG sales
FMCG sales by National Tobacco Shops exceeded HUF 187bn in…
Read more >NAV: a license is not required for the non-commercial transport of excise goods in the EU
The National Tax and Customs Administration (NAV) told MTI on…
Read more >Nearly 9,000 packs of cigarettes without Hungarian stamps were found in a Bulgarian van
The tax inspectors of the National Tax and Customs Administration…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >