Taxes in Europe Database v2
Articles 96 and 97 of Law No 2960/2001 National Customs Code, as modified.
Manufactured tobacco products.
Cigarettes: The excise duty of cigarettes consists of:
Cigars and cigarillos:
Cut tobacco for hand-rolled cigarettes and other tobacco for smoking:
In addition to the excise duty, all the above mentioned tobacco products are charged with V.A.T. (value added tax), which is set at 18.70 % calculated on the basis of the retail selling price of each product.
The tax is due when the products are released for consumption or when shortages are recorded in accordance with article 65 (par.3) of Law No 2960/2001.
As release for consumption of products subject to excise duty is considered:
For manufactured tobacco products, which are intended for further trading and are produced in Greece or are produced and come from another Member State, a four week (28 days) tax credit period is provided to the authorized warehouse-keeper and to the registered consignee.
The excise duty is assessed and collected by the customs authorities.