Taxes in Europe Database v2
The Excise Duties Law No. 91(I)/2004.
Republic of Cyprus.
Includes mainly the following natural or legal persons:
(a) For cigarettes- a combination of a specific duty and ad valorem duty on the retail selling price
(b) For other tobacco products per kg.
Regardless of the maximum retail selling price of cigarettes a package of 20 cigarettes is charged with a minimum excise duty equal to €2.43.
Excise duty is due at the time of release of goods for consumption or when shortages are recorded which must be subject to excise duty.
Customs and Excise Department.