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Meeting at the GDT with the main representatives of cigarettes suppliers

A consultative meeting was held at the General Directorate of Taxes with a representation of the main cigarettes suppliers in the country. The discussions focused on the changes foreseen in the Fiscal Package of 2018 that affect this sector. A special attention was dedicated to the implementation of the cigarettes supply scheme, mainly to the liability to declare and pay VAT for the stock on behalf of the cigarettes suppliers upon the effects of the price change. The General Directorate of Taxes and the representation of the cigarettes suppliers agreed upon reviewing a package of proposals coming from the latter in order to facilitate and correctly implement the whole operational chain in line with the legal framework and best tax practices in the region and beyond.