Cigarettes Will Become More Expensive
5 Articles
5 Articles
Because they raised the excise tax.
Cigarette prices will rise within days, tobacconists are stocking up - The minister promises that the 90 billion surplus will be spent on healthcare.
They started increasing their stocks.
Demand for tobacco products has surged ahead of the excise tax increase that will take effect on November 1, as tobacco shops are stocking up in advance. According to the National Tobacco Shop Supplier, 7 percent more products were purchased in September than expected. As a result of the tax increase, the price of cigarettes may increase by about 5 percent and that of heated tobacco products by 10 percent, but demand is expected to decline there…
Tobacco shops are increasing their inventories after demand for tobacco products increased significantly ahead of the excise tax increase that will come into effect on November 1, the National Tobacco Shop Supplier (ODBE) Ltd. announced. The measure affects the entire range of tobacco products and, following the September decision of the Parliament, increases the tax by different amounts per product category.
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