Last minute | 15.5% increase in TCS for alcoholic beverages



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The Department of Finance has determined that the excise duty on alcoholic beverages would increase by 15.5% as part of the increase in the special consumption tax (TBS), in line with the average change of the producer price index for the last six months. , [1]

The tax expert who participated in Bloomberg HT live broadcast.

"There is a fixed tax, which is a fixed tax on alcoholic beverages, and an amount of tax determined according to the amount of alcohol, every six months, according to the decision of the Council of Ministers , the increase in the producer price index is the minimum rate "

Turkmen said that the increase in the inflation rate, which is reflected in the tax of & # [1965Excisedutyisatotalincreaseof155percentAndthattheincreasewasaspecialarrangementmadeonalcoholicbeverages

"People who consume gasoline, those who consume alcohol and those who consume cigarettes finance it," said Türkmen, who said that the private consumption tax of l & # 39; State rose to 140 billion pounds in a year

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