Electricity, Fuel, Tobacco, Alcohol Excises IncreasePublish date: 03-01-2007
The prices for electricity, leaded petrol, crude oil and natural gas used as engine fuels go up with the increase of excises, Nine o'Clock reports.
The electricity excises are increased over 30 per cent, and in the case of the leaded petrol the tax will increase 6.6 per cent.
Concerning the electricity used for commercial purposes, the excise increases from EUR 0.19/MWh to EUR 0.26/MWh, and the tax on electricity destined to non-commercial sectors goes up from EUR 0.39/MWh to EUR 0.52/MWh.
For leaded petrol, the excises will be increased from EUR 523/ton to EUR 548/ton. All drinks producers will pay excises as of 2007, no matter if the drink is produced for commercial purpose or not, according to the new Fiscal Code.
Cigarettes will have the same excises in the first half, namely EUR 16.28 for 1,000 pieces, a sum that will be added 29 per cent of the maximum selling price.
Regarding the cigars, the excise will be maintained at EUR 34.5/1,000 pieces, but it will increase from July 1 to EUR 41.5.
Source: Nine O'Clock
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