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).

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#Russia #Retail store

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