The 2016 Excise Act includes “e-liquid” among the tobacco products that are subject to excise tax. E-Liquid is defined in the Act as “fluid loaded to the electronic cigarette during the manufacturing process and liquids for electronic cigarette refills”.
The excise tax was initially applied as of 1 January 2017 at a rate of HUF 55 per milliliter to both nicotine containing and nicotine free e-liquid.
In December 2019 the Parliament approved a reduction in the rate of excise to HUF 20 per milliliter in order to align it with rates in neighboring countries. The lower rate became effective 1 January 2020.