In accordance with the new Law “On Amendments and Additions to the Tax Code of Turkmenistan”, from January 1, 2023, the excise rates for alcohol products produced and alcohol and tobacco products imported into the country have been changed again.
For manufactured alcoholic products:
- Regarding beer - increased from 26% to 30%;
- “Natural grape wines, strong spirits, liqueurs and other alcoholic beverages (except grape must), as well as wine materials containing alcohol”:
- up to 20% inclusive - excise rates increased from 34% of the cost to 39%;
- over 20% to 30% inclusive - excise rates increased from 53% of the cost to 61%;
- over 30% - excise rates increased from 67% of the cost to 77%.
For alcoholic products imported into the customs territory of Turkmenistan:
- Regarding beer, they increased from 80% of the cost and not less than 8 manats per liter to 92% of the cost and not less than 9 manats per liter;
- Regarding grape natural wines, spirits, liqueurs and other alcoholic beverages (except grape must), as well as wine materials with an alcohol content:
- up to 20% inclusive - excise rates increased from 146% of the customs value, but not less than 34 manats per 1 liter to 168% of the customs value, but not less than 39 manats per liter;
- over 20% - excise rates of 146% of the customs value of steel, not less than 61 manats per 1 liter.
- Regarding alcohol used in the manufacture of alcoholic beverages (except for that imported for medical purposes, as well as by state enterprises, consumer cooperation enterprises), they increased from 7 USD per 1 liter to 8 USD per 1 liter;
Regarding tobacco products, excise taxes increased from 93% of the customs value, but not less than 4 USD per 1 pack to 116% of the customs value, but not less than 5 USD per 1 pack.
Relative to other industrially manufactured tobacco and industrial tobacco substitutes, they increased from 19,5 USD per 1 kg to 24,4 USD per 1 kg.
The Law “On amendments and additions to the Tax Code of Turkmenistan” can be found in today's issue of the newspaper “Neutral Turkmenistan”.
Let us remind that excise rates on produced and imported alcohol and tobacco products changed twice: in November 2020 and in December 2021.
