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
- Invisible export: Russian oil tankers disappear from radar
- Google launches artificial intelligence mode in its search engine
- Cryptocurrency Breakthrough: Bitcoin Prepares for Price Surge
- The EU has named the terms for opening negotiation clusters for Ukraine
- A new crisis in energy and utilities has begun in Russia
- Sybiga and Kallas discussed critical decisions for Ukraine in wartime