Iv. Bilarev: The abrupt removal of excise duty on cigarettes will hit Bulgartabac

The abrupt removal of excise duty on cigarettes would cause a lot of problems for Bulgartabac. Said in an interview on National Radio the Holding CEO Ivan Bilarev. He said now estimates that, how much will a pack of cigarettes rose, when estimates were made for rising to 64 euros per thousand short, what is the requirement of the EU.

However, from the Finance Ministry plan from the current 52 euros, the duty to rise to 76 euros for 1000 short.

Bilarev clear that failure to the holding will not go, because now he has no obligations.

According to him the better option is to first implement the announced measures to tighten the illegal import, to see what the results and then give to heads to seriously increase the excise duty. Otherwise, you’ll go to a serious market for contraband cigarettes.

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Finance