Cigarette Retail Selling Prices Rise As Of January 1, 2025, Here Are The Details

Illustration (Photo: Doc Antara)

JAKARTA - The Ministry of Finance (Kemenkeu) officially issued Minister of Finance Regulation (PMK) Number 97 of 2024 concerning the Third Amendment to PMK Number 192/2021 concerning Tobacco Product Excise Tariffs in the form of Cigarettes, Cigars, Leaf Cigarettes or Klobots, and Tobacco Iris.

In the PMK, the cigarette retail Selling Price (HJE) has changed and will take effect from January 1, 2025, but the Tobacco Product Excise (CHT) rate has not changed.

"The provisions regarding excise rates for Tobacco Products and the minimum retail selling price limit per unit of Tobacco Products, for each type of domestically made Tobacco Product and imported as stated in the Attachment of this Ministerial Regulation, come into effect from January 1, 2025," quoted in the regulation, Friday, December 13.

As for attachments I and II of PMK, a list of retail selling price restrictions and cigarette excise rates per cigarette stick made in domestically, which is valid from January 1, 2025, the following are details per stick or per gram:

1. Machine Kretek Cigarette (SKM)

a. Group I is at least IDR 2,375 per stick, an increase of 5.08 percent with an excise rate of IDR 1,231 per stick. Group II is at least IDR 1,485 per stick, an increase of 7.6 percent with an excise rate of IDR 746 per stick

2. Machine White Cigarette (SPM)

a. Group I is at least IDR 2,495 per stick, an increase of 4.8 percent with an excise rate of IDR 1,336 per stick. Group II is at least IDR 1,565 per stick, an increase of 6.8 percent with an excise rate of IDR 794 per stick

3. Hand Kretek Cigarette (SKT) or Hand White Cigarette (SPT)

a. Group I the retail selling price is at least IDR 1,555 per stick up to IDR 2,170 per stick with an excise tariff of IDR 378 per bar. Group II the retail selling price is at least IDR 995 / bar or an increase of 15 percent with an excise rate of IDR 223 per bar. Group III the retail selling price is at the lowest IDR 860 or an increase of 18.6 percent with an excise rate of IDR 1222 per stick

4. Filter Hand Kretek Cigarette (SKTF) or Filter White Cigarette (SPTF)

a. The retail selling price is at least IDR 2,375 per stick, an increase of 5 percent with an excise rate of IDR 1,231 per stick

5. Pegaret Kemenyan Mocks (KLM)

a. Group I is the lowest retail selling price of IDR 950 with an excise rate of IDR 483 per stick or still the same as 2024b. Group II retail selling price is at least IDR 200 with an excise rate of IDR 25 per stick or still the same as 2024

6. Types of Iris Tobacco (TIS)

a. The lowest selling price is IDR 55-180, unchanged from this year

7. Types of Daun Cigarettes or Klobot (KLB)

a. The lowest selling price is IDR 290, unchanged from this year

8. Types of Cigar (CRT)

a. The lowest selling price is IDR 495 to IDR 5,500, unchanged from this year.

Meanwhile, the government has also set limits on HJE for each type of tobacco products imported, including:

1. SKM worth Rp2,375 per stick or gram2. SPM worth Rp2,495 per stick or gram3. SKT or SPT worth Rp2,171 per stick or gram4. SKTF or SPTF worth Rp2,375 per stick or gram5. TIS worth Rp276 per stick or gram6. KLB worth Rp290 per stick or gram7. KLM worth Rp950 per stick or gram8. CRT worth Rp198,001 per stick or gram