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Russian experts say mandatory labeling of alcohol products can reduce illegal circulation by 70%

 Last Update: 2022-03-02
 Source: Internet
 Author: User

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Russia's PRIME news agency reported on February 9 that experts from the Russian State Higher Economic University said that in 2021, Russia will sell more than 2 billion bottles of spirits , of which 610 million bottles are illegally circulated , accounting for 27%
.
Experts believe that the mandatory electronic labeling of alcohol
products can reduce the number of illegal products in circulation by 70%, and the total profit of legitimate merchants is expected to increase by 17-18 billion rubles (about 230-240 million US dollars) per year .
For the state, alcohol excise tax revenue is expected to increase by 64-69 billion rubles (about 850-920 million US dollars) per year, and the national fiscal revenue will increase by 73-79 billion rubles (about 970-1050 million US dollars) per year
.

Spirits in Circulation Liquor

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