Lithuania to raise excise duty on tobacco and alcohol next March

A total of 82 MPs voted in favour of the amendments, with one vote against, and 11 abstentions.

The amendments enforce higher rates per hectolitre of products. This will mean an increase from LTL 9.35 to LTL 10.74 (EUR 3.11) per 1 percent vol of actual alcoholic strength by volume for beer; from LTL 85 to LTL 98.99 (EUR 28.67) for wine and other fermented beverages with actual alcoholic strength by volume not exceeding 8.5 percent vol, from LTL 225 to LTL 249.02 (EUR 72.12) for wine and other fermented beverages with actual alcoholic strength by volume exceeding 8.5 percent vol, from LTL 281 to LTL 308.99 (EUR 89.49) for intermediate products with actual alcoholic strength by volume not exceeding 15 percent vol, from LTL 400 to LTL 435.99 (EUR 126.27) for intermediate products with actual alcoholic strength by volume exceeding 15 percent vol, and from LTL 4,460 to LTL 4,560 (EUR 1,320.67) for ethyl alcohol.

Related Post

Under the amendments to the Law on Excise Duty, specific excise duty on cigarettes will increase from LTL 157 to LTL 166.01 (EUR 48.08) per 1,000 cigarettes. Concurrently, the minimum combined excise rate per 1,000 cigarettes will need to be no less than EUR 77.91 (LTL 269). The current rate stands at LTL 256. The rate for cigars and cigarillos will increase from LTL 93 to LTL 96.99 (EUR 28.09) per kilo.

Lithuania is due to gradually increase excise duties on cigarettes until 31 December of 2017 in order to reach the minimum rates under the EU acquis.

Share

Recent Posts

  • Tribune

Historical novel by Kazakh writer Ermek Tursunov “Mamluk”in Lithuanian language presented in Vilnius

On the eve of the Independence Day of the Republic of Kazakhstan, on December 13,…

3 days ago
  • Foreign affairs

After Nausėda meeting with Budrys, the opposition retorts to the candidate’s “cooling off “

Kęstutis Budrys, the President's Senior Adviser, who has been nominated for the post of Minister…

1 month ago
  • Tribune

Rediscover Bulgaria’s Ancient Heritage: Plovdiv’s Restored Eastern Gate and Nebet Tepe

In the heart of Bulgaria, the city of Plovdiv reveals a rich tapestry of ancient…

1 month ago
  • Foreign affairs

“No need to mince words”: an assessment of what Trump’s victory means for Lithuania

"We can shout very loudly, but it won't change the position of the American people,"…

2 months ago
  • Latest

Lies, disrespect and mockery: experts assess Blinkevičiūtė’s “gift” to voters without scruples

From mocking messages flooding social networks to harsh criticism from political experts, the decision of…

2 months ago
  • Foreign affairs

Another year in the sovereign history of Kazakhstan

Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…

2 months ago