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The new excise duty levels

In this issue:

Fuel excise duty level applicable in 2020 updated by the Ministry of Public Finance

According to a notification published on The Romanian Ministry of Public Finance website, the level of excise duty applicable in 2020 for fuel (e.g. petrol, diesel) was amended.

The new excise duty levels are:

table tax alert 2

How does the above influence the activity of your company?

If you are involved in transactions with excise goods such as diesel oil, leaded/unleaded petrol then you will need to use the excise duties level amounts mentioned above.

Prepared by:
Mihai Petre –  Director, Indirect Tax
 
For additional information, please contact:
Alex Milcev – Partner, Tax & Law Leader Romania
 
Ernst & Young SRL
Bucharest Tower Center Building,
22nd Floor, 15-17 Ion Mihalache Blvd.,
Sector 1, 011171, Bucharest, Romania
Tel: (40-21) 402 4000, Fax: (40-21) 310 7124
Email: office@ro.ey.com
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