The excise tax on tobacco products will increase from 1 September
The excise tax on tobacco products will increase from 1 September based on the new Law on Excise Duties approved by parliament in June – portfolio.hu wrote.
The cigarette’s tax remains 15 700 HUF per thousand, the 25 percent of the retail selling price, but at least 28 400 HUF per thousand – instead of the previous 28 000 HUF per thousand.
The tax on cigars and cigarillos in September will be still 14 percent of the retail price, but the tax per thousand will increase from 4,000 HUF to to at least 4060 HUF. (MTI, portfolio.hu)
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 >