Tobacco excises bring Romania EUR 1.27 bln as cigarette smuggling down
The Romanian state cashed in EUR 1.27 billion in excises on tobacco in the first nine months of this year, a growth of 38 percent compared to the same period of last year, according to the country's Fiscal Administration Agency. The…
Romania Insider · Journalist
· Updated · 1 min read
The Romanian state cashed in EUR 1.27 billion in excises on tobacco in the first nine months of this year, a growth of 38 percent compared to the same period of last year, according to the country's Fiscal Administration Agency. The increase was mainly due to a drop in cigarette smuggling, as the excise price went up by only 3.5 percent this year, compared to last year.
Cigarette smuggling reached 11.8 percent in September in Romania, a drop compared to 15.7 percent in July, according to Novel Research.
editor@romania-insider.com (photo source: Sxc.hu)
