Estonian retailers are no longer allowed to sell cigarettes with old tax stamps
As after the end of September 2008 the Estonian retailers will no longer be able to sell cigarettes with old tax stamps on which lower excise taxes have been paid, writes Postimees Online/LETA.
Tobacco retailers estimate that the only way to earn money on stocks that will remain after that deadline will be to destroy them as then the State will return the excise tax paid on them.
Different State authorities have come up with different estimations on how large are the stocks held in cigarettes in Estonia at the moment. The Ministry of Finance estimates that the stocks should be enough until the end of summer while the director of Institute of Economic Research Marje Josing stated that nine months’ reserves have been imported to Estonia.
Cat:
- Camel cigarettes, discount cigarettes, cigarettes and smoking, cigar smoke | Time: 2:25 pm (UTC+8)
