Smart History

Rising prices and illegal market: risks from increased excise duty on cigarettes — AllRus. News

Moscow, 3 Jul-RIA Novosti. Increasing rates of excise duty on cigarettes from July 1 in Russia, although it was expected, still can increase consumer prices for cigarettes; In addition, a further increase in excise duty creates risks for the expansion of the Russian market of illegal tobacco products of RIA Novosti interviewed believe tobacco companies. The rate of excise duty on cigarettes and cigarettes in Russia since July 1 has increased by 10%, to 1.718 thousand roubles for one thousand pieces plus 14.5% of the estimated cost of which is calculated on the basis of the maximum retail selling price, but not less 2.335 thousand roubles for one thousand pieces. January 2017 year rate stood ... [Read more]

Feedback
Share