Hungary: Pursuant to Government Decree 197/2022, the new excise duty applicable to all e-liquids, regardless of nicotine content, starts today, 1st July. As we previously reported, e-liquids will now be taxed at HUF31.5 (€0.08) per ml.
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Hungary: The Hungarian Competition Authority (GVH) yesterday launched an investigation into two Slovak companies selling Elf Bars online. The GVH said: “The companies presumably give the false impression on their websites that the products can be legally marketed, despite the fact that the distance selling of both nicotine-containing and nicotine-free flavoured electronic cigarettes is prohibited in Hungary.” Hungary’s Supervisory Authority for Regulated Activities (SZTFH) recently issued an alert that the sale of Elf Bars, flavoured disposable e-cigarettes, was illegal.
Hungary: The Supervisory Authority for Regulated Activities (SZTFH) published an announcement today about a new, un-notified brand of flavoured disposable e-cigarettes whose usage is widespread among minors – despite flavoured e-cigarettes being banned in Hungary. The SZTFH says it is cracking down and that in recent weeks it has seized HUF135m ($354,000) worth of Elf Bars.
Hungary: Government Decree 197/2022 was published in the Official Gazette on 4th June. The Decree sets out a new applicable excise duty for all e-liquids, regardless of the nicotine content, of HUF31.50 (€0.081) per ml from 1st July 2022 until 31st December 2022. From 1st January 2023, the excise duty will be HUF33 (€0.085) per ml.
Hungary: The Ministry of Finance told ECigIntelligence that the excise duties applicable to e-liquids, currently at HUF30 (€0.08) per ml, generated an estimated revenue of approximately HUF200m (€528,500) in 2021.