Special tax on tobacco and alcohol is increases

Irregular session of the parliament discussed several amendments to the tax law such as Special Tax, VAT and Customs law and approved after the first discussion yesterday, on Tuesday.

According to the approved law special tax on tobacco and alcohol increased two times. During the discussion some MP’s warned when tax increased on alcohol companies and individuals trying to sell false vodka. Therefore should increase attention of inspection organizations said MPs.

Now price on tobacco will increase from MNT 1000 to MNT 2000, while bottle vodka will increase MNT 5000-7000.

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