As of 1 January 2025, Bosnia and Herzegovina will introduce revised excise duty rates on manufactured tobacco.
The changes, proposed by the governing board of the Indirect Taxation Authority in December 2024, will affect both specific and ad valorem excise duties on cigarettes, as well as specific excise duties on other tobacco products.
Excise duty is a tax levied on goods during production, licensing, or sale. It is an indirect tax paid to the Government of India by manufacturers. Unlike Customs duty, which applies to imported goods, excise duty is charged on goods produced within the country.
