The Minister of Finance makes a decision to set the selling prices of tobacco



[ad_1]

The Minister of Finance has decided to fix the price of tobacco sales, according to the editor of the press, who decided to fix the prices of tobacco sales.

Determined to fix the selling prices of tobacco products on which VAT is calculated, with a view to the introduction of the complete system of social health insurance which, in January, slightly raised the price of VAT on foreign and Egyptian cigarettes sold locally, Old Khamis, the decision was made to stabilize the sale of tobacco products in the domestic market prices and to avoid the exploitation of citizens.

The Department of Finance explained that the decision set the selling price of a package of Marlboro (Red-Gold) and Kent and Davidov of 37 pounds, Marlboro Medim and 35 pounds, Merit and Danhill of 40 pounds , Camille of 34 pounds and El M & Lucky Strike (EGP 29), ROTHMANN, JOLWAS, WONSTON (THE 27), NEXT, P & S, 25, VILLA PAL, 24, CALIBATRA, BLACK LEBOL, TIME, GOLDEN WEST , The 22nd, Worth 17 pounds, Cleopatra King (paper packs) is worth 15.5 pounds, and Cleopatra Queen (Paper) is worth 16 pounds, World Cup (red – blue) and white, Boston and Belmont, d & # 39; worth 16.5 pounds.

See also | The Ministry pointed out that the decision pointed out that in the case of the distributor or trader selling at a price higher than the price declared by the decision of the Minister or the consumer's selling price declared by the producing companies or importers, according to the the highest amount, will be tax evasion and punishable under Articles 67 and 69 of the Law on VAT, and the tax will be calculated in this case on the basis of the actual selling price to the public

. The ministry issued a statement in which it clarifies that cigarette fees, which were launched Thursday This tax is included in the new law of January 2018. It is applicable to this law on July 12, confirming that the collection of these fees on cigarettes is part of the financing of the establishment of the new global system of health insurance with other sources of funding and financial contributions

Al-Azhar after the increase of the price of cigarettes: disobedience and the prohibition of sharia

She explains that the government and political leadership attach special importance to the health system with the provision of any financial support and technical aspects of the completion and implementation of the system The health sector has seen its financial allocations increase in the new year to reach 80.7 billion dirhams. against £ 69.5 billion, an increase of £ 11.2 billion to provide the best possible service to citizens at all levels, which is implemented in coordination with the relevant authorities.

According to the Ministry of Finance, the total cost of cigarettes is expected to reach about 4 billion pounds and cover the health costs of the new health insurance. To health care programs for minor children, school-aged children, farmers and dependent women.

Related Subjects:

From 8.5 to 14 pounds .. "Popular" cigarette prices increase by 65% ​​over 3 years

Declares new prices for Marlboro, Merritt and ILM cigarettes

Please, if you like news from the Minister of Finance A decision is made to determine the prices of tobacco sales to participate in news on social networking sites. You can also follow all the news via Facebook and Twitter.

Source: News Editor

[ad_2]
Source link