New! This Is A List Of Cigarette Prices As Of January 2024 After Tobacco Excise Increases 10 Percent

Cigarette Illustration (ANTARA)

YOGYAKARTA The price of cigarettes as of January 2024 will certainly increase after the Government increases the excise tariff on Tobacco Products (CHT) by 10 percent. The regulation comes into effect as of January 1, 2024.

This provision is regulated in the Minister of Finance Regulation (PMK) No. 191 of 2022 concerning Excise Tariffs on Tobacco Products in the Form of Cigarettes, Cigars, Leaf Cigarettes or Klobots, and Iris Tobacco (TIS).

The government's plan to increase cigarette prices has been discussed since 2022. Finance Minister Sri Mulyani said that the increase in CHT rates will apply to the machine kretek cigarettes (SKM), machine white cigarettes (SPM), and food kretek cigarettes (SKP) at different prices according to the group.

"The average is 10 percent, later it will be shown with SKM I and II which will increase on average between 11.5 to 11.75 (percent), SPM I and SPM II will increase at 12 to 11 percent, while SKP I, II, and III will increase by 5 percent," Sri Mulyani said after a meeting with President Jokowi at the Bogor Presidential Palace, West Java, Thursday, November 3, 2022.

There are several reasons why the government has raised the price of cigarettes. This was explained by Sri Mulyani. Here are some reasons according to the Minister of Finance, quoted from the State Secretariat website.

The Minister of Finance explained that in determining CHT which resulted in an increase in cigarette prices, the government prepared excise instruments by considering various aspects ranging from the aspect of agricultural labor to the cigarette industry.

In its decision, the government also considered the target of reducing the prevalence of smokers aged 10-18 years to 8.7 percent as stated in the 2020-2024 National Medium-Term Development Plan (RPJMN).

In addition, in the VOI article entitled 4 out of 10 junior high and high school age teenagers in Jakarta, it is said that four out of ten teenagers aged junior high and high school in DKI Jakarta are smokers.

The Minister of Finance also said that Indonesians' cigarette consumption was the second largest household consumption after rice. In fact, cigarette consumption is said to exceed protein consumption such as eggs and chickens.

The second is considering that cigarette consumption is the second largest consumption from poor households, reaching 12.21 percent for urban poor people and 11.63 percent for rural communities. This is the second highest after rice, even exceeding protein consumption such as eggs and chickens, and tofu, tempeh which is the food needed by the community," explained Sri Mulyani.

The Minister of Finance also said that the increase in excise rates was carried out to control cigarette consumption and production. He hopes that the increase in cigarette excise will have an impact on decreasing affordability of cigarettes in the community.

"In previous years, where we increased cigarette excise which caused cigarette prices to increase, so that the affordability or affordability of cigarettes would also decrease. Thus, it is hoped that consumption will decrease," explained the Minister of Finance.

It should be noted that the increase in the price of cigarettes in 2024 is not only on tobacco cigarettes, but also on e-cigarettes. For electronic cigarettes, the average increase is 15 percent, while other tobacco processing products are an average of 6 percent as stated in PMK 191/2022 concerning the Second Amendment to PMK 192/2021 concerning CHT Tariffs in the form of Cigarettes, Cigarettes, Leaf Cigarettes or Klobots, and Tobacco Iris.

The following is the increase in cigarette prices based on the group which will take effect as of January 1, 2024.

Group I is the lowest retail selling price of IDR 2,260/batang, from the previous IDR 2,055/batang

Group II lowest retail selling price is IDR 1,380/batang, from the previous IDR 1,255/batang

Group I is the lowest retail selling price of IDR 2,380/batang, from the previous IDR 2,165/batang

Group II lowest retail selling price is IDR 1,465/batang, from the previous IDR 1,295/batang

Hand Kretek Cigarette (SKT) or SPT

Group I is the lowest retail selling price of IDR 1,375-IDR 1,980/batang, from the previous IDR 1,250 - IDR 1,800/batang

Group II is the lowest retail selling price of IDR 865/batang, from the previous IDR 720/batang

Group III is the lowest retail selling price of IDR 725/batang, from the previous IDR 605/batang

The lowest retail selling price is IDR 2,260/batang, from the previous IDR 2,055/batang

Group I The lowest retail selling price is IDR 950/batang, previously IDR 860/batang

Group II lowest retail selling price of IDR 200/batang (invariant)

The lowest selling price is IDR 55-IDR 180 (invariant from this year)

The lowest selling price is IDR 290/batang (invariant)

The lowest selling price is IDR 495-IDR 5,500/batang (invariant)

That's information regarding the price of cigarettes as of January 2024. Visit VOI.ID to get other interesting information.