2022 State Budget and Fiscal Incentives Presentation
New Excise Policy For Tobacco Products (CHT)
4 PILLARS
TOBACCO
EXCISE POLICY
Health
Improve the quality of human
resources through reducing smoking
prevalence
Revenue Improvement
As a source to supports national
development programs revenue
Labor Sustainability
Consider the impact on tobacco
farmers, workers, and the tobacco
products industry.
Eradiction of Illegal
Excisable Goods
Mitigate the risk from the policy to illegal
cigarettes
Main Changes in
2022 CHT Policy
(Effective in January
2022)
Adjustment of excise tariffs and the floor retail price for all types of cigarettes by a weighted average of 12%
Simplification of the tariff structure to 8 layers
Optimizing the CHT Revenue Sharing Fund (DBH) policy as a cushion for the CHT policy
The adjustment of excise rates and the minimum limit for retail selling price types of E-Cigarettes and Other
Tobacco Processing Products is 17.5%, with specific excise rates. The 2022 CHT policy will reduce cigarette
consumption by an average of 3.0% per year.
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