01.25 16:36 • 5473 The excise tax rate on tobacco will increase from January 1, 2025. The corresponding change was approved by the Georgian Dream's single-party parliament in December 2024. With this change, the excise tax on cigarettes has increased by 20 tetri, which will reach 1.90 GEL, while the excise tax on heat-sensitive tobacco is planned to increase by 15 tetri, resulting in it reaching 1.
85 GEL.by the authors of the bill, the increase in excise duty will bring 77 list of spain fax number million GEL more revenue from cigarette excise duty to the 2025 budget, and 5.5 million GEL more revenue from heat-releasing tobacco excise duty, which means a total increase in tax revenue of 83.5 million. In 2024, a total of 1.
1 billion GEL in tax revenue was brought into the budget from tobacco excise, which is expected to increase to 1.2 billion GEL next year, taking into account this change. Tobacco Excise duty Tax Code Similar news Bezhan Tsakadze "It has become necessary to protect a certain stratum" - Bezhan Tsakadze on the initiative to reduce excise duty on tobacco 22:35 - 09.
According to the explanatory note prepared
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