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Last update of excise tax apply to tobacco and derived products

March 31, 2017

Customs & Global Trade Flash

Through resolution RES-DGH-020-2017, published in the Official Gazette No. 62 on March 28th 2017, the Treasury Department informed the latest update of excise duty applied to tobacco and its derived products, according to the Article 22 of Act No. 9028.

This update is performed according to the consumer price index, between February 2016 and February 2017, which reflected a variation of 1.08% generating the changes detailed below:

HS Code Description Excise tax (per CRC unit)
24.01 Unmanufactured tobacco, tobacco refuse. ¢22.88
24.02 Cigars, Cheroots, Cigarillos o Cigarettes of tobacco or tobacco substitutes. ¢22.88
24.02 Other manufactured tobacco and manufactured tobacco substitutes, homogenized or reconstituted tobacco; tobacco extracts and essences. ¢22.88

The derived tobacco products, the raw state tobacco and any substitute tobacco, ready to be smoked or not, the excite duty should be determined based on the proportion of grams of tobacco added to an average cigarette.

This new resolution repealed the resolution RES-DGH-0016-2016 (From March 9th, 2017) and it will enter into force from April 1st, 2017.

For further information

Carla Coghi
Partner
Tax & legal
ccoghi@deloitte.com

Silvia González
Senior Manager
Tax & Legal
sigonzalez@deloitte.com

Jaime Morales
Consultant
Tax & Legal
jaimorales@deloitte.com

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