Ministry of Agriculture said that the SCT increase should not affect the increase in wine prices 20:15

Since the tax burden on producers will not change, the increase in excise taxes on wine products will not affect consumer prices. This was reported by TASS With reference to the press service of the Ministry of Agriculture of Russia.

“As before, when paying excise duty, winemakers have the right to apply a tax deduction on used grapes and pay only 1 ruble for 1 liter of wine,” the message says.

April 14, “Abrau-Durso”, one of the largest wine producing companies in Russia reported partners decided to increase wine prices from May 13, 2024. The price increase will be between 7% and 35% depending on the specific product.

The company announced the upcoming price increase with a three-fold increase in consumption tax rates from May 1, 2024, as well as an increase in basic and auxiliary production materials, components and transportation costs.

Experts state that new measures to regulate the industry may lead to the loss of the results achieved in recent years in popularizing the culture of wine consumption in Russia.

On the same day, Igor Gubin, member of the board of directors of the Russian Union of Winegrowers and Winemakers explainedThe price of that wine will increase by an average of 100 rubles from the beginning of May.

It was previously known that the largest wine producer is Kuban-Vino. affected passed into state ownership.

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Source: Gazeta

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