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Moldova Sets Excise Tax on Tobacco Imports 

The Moldovan parliament today determined the excise duty rate on cigarette imports: 2.5 dollars per 1,000 cigarettes. However, the adopted law puts it that till 1 April cigarettes may be imported, and till 1 July realized, without excise stamps stuck to the packages. The Communist faction was resolutely against this decision, claiming that it will only stimulate smuggling. In their words, customs warehouses at Moldovan border are full of cigarettes enough for a year of trade. Now the traders will do everything possible to bring this ocean of tobacco over to the country before 1 April. As a result, the budget is going to short receive millions of lei in taxes.

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