The Ukrainian government has decided from May 1, 2013 to introduce new excise labels on alcohol and tobacco and increase their price by 2.6 times, Interfax informs.

This is stipulated in cabinet resolution No. 188 of March 13, 2013.

According to the document, the price of an excise label for alcohol will be UAH 0.27 per label instead of UAH 0.103, and that for tobacco – UAH 0.142 instead of UAH 0.055.

The government also supported a proposal of the Income and Tax Ministry of Ukraine on the creation of a centralized automated system for monitoring the turnover of alcohol and tobacco.

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