|Posted: 01 Jan 2021 10:29 PM PST|
PUERTO PEASCO.- As of today, January 1st, prices of gasoline, soft drinks and cigars increase
From the first day of the year products such as gasoline, tobacco and soft drinks will increase their prices, however, this is not a "petrol" or an adjustment imposed by shop owners, but rather the update of the Excise Tax on Production and Services (IEPS), which occurs every year.
In the case of cigars, cigars shall have a price increase of 3.32%; soft drinks and other flavored beverages will rise by 3.30% in their unit cost; which can be reflected upon arrival of the first batch of merchandise comprising 2021.
The IEPS is the tax paid for the production and sale or import of the products, in which taxpayers do not solve it directly, but transfer or charge it to their customers, an effect that occurs normally each year, but is not a lien defined by government orders.
In the cities that make up the free zone of the northern border it will go from 185.56 to 213.39 pesos from the first of January, which from some approach balances the issue of rising inflation, which is the natural increase.