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Marking of beer products brings 129.4 million to budget

Mandatory marking of beer products brought to the budget of Kyrgyzstan 129.4 million soms in form of excise tax for three months. The State Tax Service reported.

The indicator exceeded the established plan and data for the same period last year twice. The State Tax Service believes that the growth was due to the introduction of mandatory excise duty marking of beer products from January 1, 2023. In addition, control over the circulation of alcoholic products has been strengthened.

From January 1, 2023, the production and import of beer classified under the commodity item TN VED 2203 is subject to mandatory marking with an excise duty stamp. The circulation of unmarked leftover beer products is prohibited from July 1, 2023.

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