Govt To Raise Tobacco Excise

Jakarta (Antara Bali) - The government will raise tobacco excise by a range of 5-7 percent next year, a customs and
excise official said.

"The average increase will not reach 10 percent,"  Director General of Customs and Excise at the Finance Ministry Agung Kuswandono said here on Monday.

The increase will not be higher than 12.2 percent set for this year, he said adding the fiscal policy body (BKF) at the ministry is currently discussing the plan to raise the tobacco excise.

"It seems it would be lower than that of this year but the plan is still being discussed at the BKF," he said.

Asked about the government's plan to introduce new excise duty on products other than cigarette and alcoholic drink, he said the BKF is considering the imposition of such duty on  three types of products.(IGT)