Russia sets minimum cigarette retail price at 117 rubles

Nov.30.2022

Russia sets minimum retail price for a pack of cigarettes at 117 rubles starting from January 1, 2023.

The Russian Ministry of Agriculture has determined that the minimum retail price for a pack of cigarettes in 2023 will be 117 rubles (approximately $1.60 USD).

According to data from the department, the calculation was based on the minimum value of the unit consumption tax rate for tobacco product packaging, set by the Russian Federation Tax Law, as well as the value-added tax rate and incremental factor, starting January 1, 2023.

In 2022, the minimum retail price of a pack of cigarettes in Russia will be 112 rubles (about 9.8 Chinese yuan).

2FIRSTS will continue to follow this issue and provide updates on the '2FIRSTS APP.' Scan the QR code below to download the app.

#Russia #Retail store

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Croatian decree raises excise duties on tobacco products effective January 1, 2026

Croatian government decree provides that higher excise duties on tobacco manufactures and tobacco products take effect from January 1, 2026. Excise on e-liquid is set at €0.25 per millilitre, on heated tobacco products at €211.30 per kilogram, and on a new tobacco product at €126.90 per kilogram. The decree’s explanation says 2026 budget revenue from these excises is expected to increase by €129.1 million.

Jan.07 by 2FIRSTS.ai

Thailand Seizes Over 42,000 Illegal Vapes Worth USD 340,000

Thai authorities announced the seizure of more than 42,000 smuggled vapes worth approximately THB 10.87 million (USD 340,000).

Dec.12 by 2FIRSTS.ai

Philip Morris Japan launches new IQOS SENTIA “Icy Red” flavor with icy menthol and red berry notes

Philip Morris Japan has announced the launch of a new SENTIA Icy Red tobacco stick for its IQOS ILUMA i and IQOS ILUMA heated tobacco devices, featuring an intense menthol profile with red fruit notes. The new product will roll out in stages from December across physical IQOS outlets, online channels and tobacco retailers nationwide in Japan, priced at 530 yen (approx. USD 3.4) per pack.

Dec.01 by 2FIRSTS.ai

NSW Landlords Could Face Jail or $165,000 Fine for Allowing Illegal Vape and Tobacco Sales

According to The Guardian, landlords in New South Wales who knowingly allow tenants to sell illicit tobacco or illegal vapes could face fines of up to AUD 165,000, a year in prison, or both. The new offences are part of the state government’s broader crackdown on Australia’s growing black market for cigarettes and vaping products.

Nov.12 by 2FIRSTS.ai