- In order to ensure that excise tariffs for tobacco products (i.e. cigarettes, cigars, klobot cigarettes and sliced tobacco) are in line with developments and legal requirements, the Minister of Finance ("Minister") has issued the Second Amendment ("Second Amendment") to Regulation No. 192/PMK.010/2021 on Excise Tariffs for Tobacco Products in the Form of Cigarettes, Cigars, Klobot Cigarettes and Sliced Tobacco ("Regulation 192/2021").
- The Second Amendment has now revised the excise tariffs that apply to tobacco products, as comprehensively detailed under the Appendices to the Second Amendment. As a consequence, redetermined retail sales prices for tobacco, as determined by product, must not be lower than the determined thresholds.
- In terms of excise tape services, excise tariffs for tobacco products, as determined based on Regulation 192/2021, remain applicable to excise tapes and tobacco product release notification document reservations ("Reservations") until 31 December 2022. Moreover, any redeterminations of excise tariffs for Reservations for export-oriented tobacco products that have yet to be settled will remain applicable until 31 December 2023.
- In addition to the above matters, the Second Amendment also determines the following validity periods for the applicable retail sales price limits per stick/gram: 1) Domestic Products listed under Appendix IA: 1 January - 31 December 2023; 2) Domestic Products listed under Appendix IB: until 1 January 2024; 3) Imported Products listed under Appendix IIA: 1 January - 31 December 2023; and 4) Imported Products listed under Appendix IIB: until 1 January 2024.
- The Second Amendment has been in force since 15 December 2022.
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