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Cigarettes will have New Prices and New Excise Labels

Cigarettes will have new prices and new excise labels. The prices of some brands have already risen, reports bTV

The reason for the surge is the changes in excise duty on tobacco products. The most common cigarettes that cost 5 leva will reach 5.20 leva. However, this is increase in price is also for the lower class brands.

Bulgaria's Parliament to Discuss Increase in Excise Duty on Cigarettes

Bulgaria's parliamentary committee on budget and finance will discuss Thursday a proposed increase in the excise duty on cigarettes.

The measure is envisaged in a set of amendments to the Excise Duties and Tax Warehouses Act, according to reports of the Bulgarian National Radio.

As of 2016, the excise duty on cigarettes will start increasing, pushing up cigarette prices.