Tobacco concession winners in no hurry to get retail licences
The winners of some 5,400 concessions in a new state monopoly on retail tobacco sales appear to be in no rush to apply for trade licences, business daily Világgazdaság said on Wednesday. Just 671 applications for trade licences from the concession winners arrived at the National Tax and Customs Authority (NAV) by Tuesday, the paper said. NAV has 30 day to process the applications from the time they are submitted. The monopoly on tobacco sales comes into force on July 1, 2013.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.