Cigarettes Will Rise Again: Excise Taxes Will Hit Tobacco Prices from April 1.


From April 1, cigarette prices in Ukraine may rise due to increased tax burdens. The State Tax Service has set a coefficient of 1.1 for all types of cigarettes, which will force manufacturers to raise prices for consumers.
According to official data, the share of tax obligations in cigarette prices in 2024 was 55.8%, which is below the established level of 60%. This led to the decision to increase excise duties on tobacco products. Companies involved in the production and import of cigarettes will have to take tax changes into account in their declarations.
This news about the rise in cigarette prices has caused concern in Ukraine. Previously, prices for some vegetables, such as potatoes, carrots, and garlic, had already increased in various regions of the country.
Read also
- The Madbid.com site has come under the control of the Ukrainian company 'Zortex'
- Dollar at 45, 46 or 52: Analysts disagree on the hryvnia exchange rate forecasts
- The State Service of Ukraine on Food Safety and Consumer Protection responded to rumors about poisonous avocado in Ukraine
- The Air Force of the Armed Forces of Ukraine delivered a powerful strike on military warehouses in the Kursk region
- The Polish Ministry of Defense commented on the relocation of the US base and what will happen with the mission to support Ukraine
- Political Divide in the USA: Parties Split on Support for Ukraine