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Sep 04, 2023 16:57 EEST
September 4 (SeeNews) - Serbia's government said it plans to increase the excise duty on cigarettes as of October 1.
The proportional component of the excise duty will remain 33% but the specific component will increase by 8% to 90.99 dinars ($0.84/0.78 euro) per pack from 84.25 dinars per pack, the government said in a document published on its website on Saturday.
According to Serbia's excise calendar adopted at the end of 2020, the specific component will increase by 1.5 dinars every January and July until 2025, in order for Serbia to comply with EU standards.
The specific component of excise duty will also rise by 8% for oil derivatives, alcohol, e-cigarette liquids and coffee, the government added.
(1 euro = 117.191 dinars)
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