• December 11, 2024

Turkmenistan Hikes Tobacco Import Tax

 Turkmenistan Hikes Tobacco Import Tax
Image: Ahmed

Turkmenistan has increased excise rates on imports of tobacco products to 181.25 percent of the customs value effective Jan. 2025, reports Turkmenportal. The minimum tax rate will be $7.81 per pack.

Meanwhile, the government increase the excise tax rate on other tobacco and industrial tobacco substitutes from $30.5 per kg to $38.13 per kg.

 In February 2022, Turkmenistan adopted a national program for 2022-2025 aimed at achieving “tobacco-free” status.