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Finance 06/01/2024 Uzbekistan indexes excise tax rates on tobacco and alcohol products
Uzbekistan indexes excise tax rates on tobacco and alcohol products

Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan has indexed excise tax rates on tobacco and alcohol products for 2024.

Fixed excise tax rates on local alcohol and tobacco products were indexed by 12% in line with the inflation rate.

Excise tax rates on imports of alcohol, tobacco and wine products have been reduced by 5%.

From 1 January 2024, the excise tax on ethyl alcohol per 1 liter of finished products for import is 70% of the cost, and for production – 14,900 soums.

The excise tax on vodka, cognac and other alcoholic products from 1 January is 101,500 soums per liter for import and 38,000 soums per liter for production. From 1 July 2024, the excise tax rate on the production of these products will be 40,000 soums per liter.

From 1 January 2024, the excise tax on natural wines for import will be 28,500 soums per liter, and for production - 1 soum per liter. The excise tax on other wines is set at 40,600 soums per liter for import, and 2,200 soums per liter for production. From 1 July, the tax rate for local producers will increase to 2,310 soums.

The excise tax on beer from 1 January 2024 is set at 50%, but not less than 12,200 soums per liter for import. Local producers will pay excise tax in the amount of 1,550 soums per liter from 1 January  and 1,628 soums per liter from 1 July.

The new excise tax rate on cigarettes, cigarettes, cigarillos, bidis, and kreteks produced in Uzbekistan amounted to 250,700 soums per 1,000 pieces + 10%. For imported products, the excise tax was 325,000 soums per 1,000 pieces + 10%.

The excise tax on cigars amounted to 6,400 soums per piece. New rates have also been established for hookah tobacco, smoking tobacco, chewing, snuff and sucking tobacco, etc.

 

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