Malta: Cigarette Prices Expected to Rise

Source from:  Times of Malta  10/25/2013

Cigarette prices are set to go up as part of Government plans to raise indirect taxation by €23.9 million in next year's Budget.

A Finance Ministry spokesman declined to comment, saying that details would only be revealed in the Budget speech set for November 4.

In anticipation of higher prices, the Customs Department recently imposed a limit on the distribution of cigarettes to retailers. Sources said that the aim was to avoid confusion between old and new stocks once the increase in excise duty came into force.