Hungary is expected to vape prices will decline

On March 19, the global tobacco giant British American Tobacco (BAT) pointed out in a press statement that due to changes in tax regulations, in the near future, high-quality alternative tobacco products may become cheaper, Ijoy Vape Mod and Hungarian consumers are also more accessible.

According to the report, with effect from March 1, the consumption tax on nicotine-containing e-liquid has been reduced, and the price has been reduced from 55 HUF per milliliter to 20 HUF per milliliter. In Hungary, black market sales are believed to account for approximately 80% to 85% of all e-liquid sales. British American Tobacco estimates that although there are approximately 200,000 Vape users in the country, Asmodus Vape Tc Modsome of them may not know what they are buying. It is an unregulated product.

Zoltán Orosz, Hungarian regional manager of British American Tobacco Central Europe, said: “Like in other European countries, Hungarian Vape consumers must have the opportunity to obtain high-quality supplements Vapacige. The sale of illegal products is in addition to robbing Hungary of considerable taxes. In addition, it may endanger Vape users because these products may not meet the quality and safety standards of Hungary and the European Union.”

Orosz added: “We are proud that our supplementary liquid at the National Tobacco Shop has been rigorously tested by the BAT Group’s dedicated research team Timesvape Dreamer Mod, and our e-liquid meets all EU requirements. We have taken steps to Increase domestic consumers’ access to quality-assured products. At the same time, we are doing everything we can to make Vape a safe choice for smokers looking for alternatives to traditional cigarettes.”

At the same time, in 2019, the European Commission (EC) reported to the European Court of Justice (CJEU) that Hungary had failed to impose a minimum excise tax on cigarettes in accordance with European Union (EU) regulations YOOZ Vape Pod.

A press release on the European Community website explained that Hungary will gradually increase the consumption tax on cigarettes before December 31, 2017, and meet the minimum threshold set by the European Union. However, this has not been done Eleaf Vape, and the consumption tax is still lower than the EU requirements.