Russia: from July 1, prices for tobacco products will grow

In Russia, the tobacco products will rise in price in Russia. The minimum retail price of the pack of cigarettes will be 107.78 rubles. Also from the shops will disappear all unmarked alternative tobacco, namely cigars, smoking tobacco and tobacco for hookah. Thus, the authorities are trying to fight illegal products, reports Russian Gazeta.

The single minimum retail price (EMERC) on cigarettes is valid in Russia from April 1, 2021, but sellers were allowed to implement goods purchased before the establishment of EMRCs, cheaper. Under such circumstances, other tobacco products got: mandatory product label introduced about a year ago, however, before July 1, sellers could implement previously purchased unmarked cigars, smoking tobacco and tobacco for hookah.

As noted by the publication, the EMERC is calculated on the basis of the minimum excise rate for one thousand pieces of cigarettes and the cigarette, the current tax rate for the added value (VAT) and the increase in the coefficient of 1.4. In 2021, excise taxes on tobacco increased by 20 percent (up to 2359 rubles per 1 thousand pieces), which means the cost of goods. If earlier a pack of cigarettes on average cost 120 rubles, then from July 1, the price will grow to 140 rubles.

Previously, Russians warned about changes in the laws from July 1. Thus, all regions will receive the right to introduce tax for self-employed citizens, housing and communal services will increase by 2.4-6.5 percent, depending on the region, and the maintenance, repair and replacement of electricity meters will be carried out at the expense of energy companies.

/Media reports.