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
- Azerbaijan Boosts Gas Exports to the EU by 65%: Can Supply Keep Up with Demand?
- Ukrainian Strikes Drive Russia’s Oil Refining to Its Lowest Level in 18 Years
- Fuel Sales in Crimea to Proceed Without Schedules as Power Outages Hit Day 12
- Russia Adopts Euro-3 Fuel Standards Amid Refinery Strikes and Growing Gasoline Shortages
- Oil Prices Could Hit $200 Per Barrel, Analyst Warns: What It Means for Ukraine
- Europe Paid Up to €6 Billion for Russian Gas — Who Bought the Most?

