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SERAMBINEWS.COM – Cigarette prices will officially increase in early 2024.
The increase in cigarette prices was the result of an increase in the excise tax on tobacco cigarettes by 10 percent and e-cigarettes (vapes) by 15 percent.
The cigarette tax increase will take effect on January 1, 2024.
The regulations for increasing the cigarette tax from January 1, 2024 are contained in the Regulation of the Minister of Finance (PMK) No. 191 of 2022 on the second amendment to the PMK No. 192 of 2021 on excise tax rates for tobacco products in the form of cigarettes, cigars, leaf cigarettes or -lump and cut tobacco.
“(Regulated in) PMK 192/2022 for electronic cigarettes (REL) and other tobacco processing products (HPTL),” said Director of Communications and User Guidance for Customs Services, Nirwala Dwi Heryanto, as reported by Kompas.com(December 19, 2023).
Nirwala further said that the policy to increase excise duties in 2024 has taken into account four pillars of the tobacco cigarette policy.
Namely, control of consumption, sustainability of the industry, sales targets and elimination of illegal cigarettes.
According to him, the cigarette tax in 2024 will continue to be based on a multi-year policy in accordance with PMK number 191 of 2022 and PMK number 192 of 2022.
“In general, the excise tax rate for cigarettes has increased by 10 percent on average and for REL by 15 percent,” he said.
Also read: Cigarette retail price list 2024, cigarette tax increases again by 10 percent
Current prices for tobacco cigarettes 2024
The increase in cigarette tax will also increase the retail price of cigarettes from January 1, 2024.
Below is a list of current cigarette retail prices, as well as a comparison of prices in previous years, as reported by Kompas.comMonday (January 1, 2024).
1. Machine-rolled clove cigarettes (SKM)
The lowest retail selling price for Category I
Source: Serambi Indonesia
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