According to Sub-paragraph 14.1.106 Paragraph 14.1 Article 14 of the Tax Code of Ukraine (hereinafter – the Code), the maximum retail prices are prices set for excisable goods (products including all types of taxes (fees). Excise tax on excisable goods sold by the retail business entities is not included in the maximum retail price.
Maximum retail prices for excisable goods (products) are set by producers or importers of goods (products) by declaring such prices in the manner prescribed by this Code. Sale of excisable goods by the retail business entities, for which the maximum retail prices are set, may not be carried out at prices higher than the maximum retail prices, increased by the amount of excise tax on the retail sale of excisable goods.
Declaration of maximum retail prices for excisable goods (products) set by producers or importer of goods (products) is submitted to the central executive body, implementing the state tax policy, by means of electronic communication in the electronic form determined by the central body of executive power, ensuring formation and implementation of the public financial policy, subject to registration of electronic signatures of accountable persons in the manner prescribed by the Law of Ukraine “On electronic documents and electronic document management” and “On electronic trust services” (Paragraph 220.2 Article 220 of the Code).
Maximum retail prices for excisable goods (products) set by producer or importer must be applied to the consumer packaging of such goods with the date of their production (Paragraph 220.11 Article 220 of the Code).
According to Paragraph 6 Section II of the Procedure for drawing up and submitting Declaration of maximum retail prices for excisable goods (products), approved by Order of the Ministry of Finance of Ukraine dated 25.03.2015 № 359, the data on maximum retail prices for tobacco products set in Declaration not earlier than 15 and 01 of the month are posted on the official website of the central executive body implementing state tax policy.
Information on the maximum retail prices of producers and importers of excisable goods (products) is posted on the official web portal of the State Tax Service of Ukraine and is available on the service “Information on the maximum retail prices of producers and importers of excisable goods (products)” at https://tax.gov.ua/cigars.