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But consumption of cigarettes, alcohol, unaffected during New Year period
Jump to full article: The Messenger (ge), 2005-01-01
Author: Anna Arzanova
Intro: Georgia's new tax code, which came into effect on January 1, has increased the excise tax, and thus the consumer prices, on alcoholic beverages and cigarettes.
"Prices on alcoholic beverages and cigarettes have increased because excise is indirect payment that should be paid by the population, not the vendors," stated economic expert Irakli Shavishvili.
Excise on imported tobacco products has increased from 40 tetri to 90 tetri, and vendor Lali Sharabidze confirmed that the price of cigarettes had "gone up by at least 50 tetri." Even so, cigarettes in Georgia remain cheaper than in most foreign countries.
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