EXCISES
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JTI: Finance Ministry Excise Plans To Raise Cheap Cigarette Prices
The Finance Ministry has notified large tobacco manufacturers it plans to change excise levels for next year and JTI Romania has calculated an impact of an additional RON0.20-RON0.25 in the price of the cheapest cigarettes.
Fuel Prices To Rise RON0.3-0.4/L In 2014 Following Excises Increase
The prices of gasoline and diesel oil in Romania will increase by 0.3 lei (EUR0.06) to RON0.4 per liter in 2014, following an increase in fuel excises, Finance Minister Daniel Chitoiu said T...
Linking Excises To Inflation To Reduce Beer Consumption - Association
Indexing excise duties for the average annual inflation will reduce consumption and will lower state revenue collections, according to the Romanian Brewers Association.
Romania Might Calculate Excise Levels Considering Inflation Instead Of Exchange Rate
Romania could calculate excise levels as of 2014 by indexing current levels for inflation instead of basing calculations on the currency exchange rate set by the European Central Bank, gover...
Government Approves Lowering VAT On Bread To 9%
Romania’s government approved Tuesday lowering the value added tax on bread from 24% to 9% starting September 1.
Romania Hikes Total Excise Duty On Cigarettes For April 1, 2013- March 31, 2014 Period
The total excise duty level for cigarettes, valid for the period between April 1, 2013 and March 31, 2014, will be increased from EUR79.19 per 1,000 cigarettes to EUR81.78 per 1,000 cigarett...
Romania To Advance By 3 Months Tobacco Excises Hike, Until 2017
The Romanian Government will advance by three months the tobacco excises calendar hike, which will be annually enforced on April 1 instead of July 1, the measure being maintained until 2017.
Diesel Fuel Excise Hike To Raise Prices 2% - Minister
Diesel oil prices will rise by 2% following the increase of excise duties on diesel fuels starting 2012, Romanian Finance Minister Gheorghe Ialomitianu said Tuesday evening.
ANAF: Tobacco Excise Revenue Up 38% On Year, To EUR1.27B In First Nine Months
Romania collected revenues of EUR1.27 billion from tobacco excises in the first nine months of the year, up 38% compared to the same period last years, Sorin Blejnar, head of the tax authori...