- 25 Jan 2019 8:40 AM
- Hungary Around the Clock
According to the EU regulation, member states must levy an excise tax on cigarettes of at least 60% of the average retail price.
The Commission allowed Hungary a transition period but this ended on December 31, 2017.
Hungary has two months to act before the Commission sends a reasoned opinion to the government.
Only Hungary is not in compliance with this EU regulation, Napi notes.
The excise tax in Hungary is Ft 18,200 per 1,000 cigarettes plus 24% of the weighted average retail price.
The average price of 1,000 cigarettes in Hungary was Ft 55,936 in July, of which the excise tax accounted for Ft 30,184, or 54%, according to EU statistics.