EXCISE DUTY
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Ruling Coalition Leaders Decide On Fuel Excise Duty Cut, Fin Min Says
Finance minister Adrian Caciu on Tuesday said ruling coalition leaders agreed with his proposal to temporarily reduce the excise tax on fuel by 50%.
Govt Collects RON2.8B From Fuel Excise, Delivers Zero Kilometers Of Highway
The government collected 2.8 billion lei (EUR625 million) from the EUR0.07 per liter fuel excise duty in one year since its introduction.
Elimination Of Coffee Excise Duty Might Drive Consumption Up
If the government drops the coffee excise duty that starts at EUR153/ton and is one of the steps included on its fiscal relaxation list, the move will be good for market, say the officials o...
Cheaper Crude Oil Annuls Excise Duty Hike In Romania
The price of a gasoline liter in Romania reverted to the level of end-March, with the plummeting crude oil prices canceling the increase of fuel excise duty by 0.07 euros per liter introduce...
Fuel Excise Duty Hurts Bottled Water Market
The introduction of the EUR0.07 excise duty per liter of fuel in April affected not only carriers but also companies in the bottled water industry, which had to raise prices or swallow most...
Excise Duty Hike May Lower Fuel Consumption, Favor Public Investments - Finance Ministry
Romanian Finance Ministry took into account a decrease in fuel consumption following the fuel excise duty hike but considers that the transfer of revenue from the private sector to the state...
Transporters: Excise Duty Hike To Have A Boomerang Effect Over State Budget
Romanian government’s decision to increase the fuel excise duty without any impact assessment will have a boomerang effect over the state budget, and was only targeted for higher expenses in...
April 1 Brings Additional Fuel Excise Duty And Natural Gas Price Hike
The Romanian industry will get a double blow on April 1 with the introduction of the additional EUR0.07 excise duty per liter of fuel devised by Ponta Government to boost budget revenue and...
Excise Duty Hike To Increase Fuel Price By RON0.4 – Rompetrol Official
The increase of fuel excise duty by 0.07 euros per liter will trigger a RON0.4 hike in the gasoline and diesel fuel price, while consumption might drop by 1-2% in the first three months, acc...