New Increase in Cigarette Prices from 1st April

Cigarettes price increaeFrom 1st April in BiH, around 20 types os cigarettes from the assortment of Tobacco Factory Rovinj, d.o.o Sarajevo, from 10-20 cents per box, as confirmed in the Indirect Taxation Authority.

This company delivered the request for a price increase to the Indirect Taxation Authority at the end of February.

Manufacturers and distributors of cigarettes and tobacco can, at any time of the year, increase the price of tobacco products, provided that the new price has to include all taxes, such as valid excise for this year and corresponding VAT.

Taxpayers and other persons engaged with the trade of cigarettes of the Tobacco Factory Rovinj, whose price is increasing, are obliged to schedule inventories of those cigarettes as on 1st April and deliver inventory lists to the responsible regional centers of Indirect Taxation Authority.

The difference of the excise identified in the census have to be paid within seven days from the inventory list, and cigarettes on which the excise difference has been calculated and paid, will be sold at new prices while the stock lasts, no matter to the fact that old excise stamp is on them.

(Source: Faktor.ba)

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