New costly excise stamps will be introduced, but later - the Ministry of Incomes

7 June 2013 18:30  6237469 038165
New costly excise stamps will be introduced, but later - the Ministry of Incomes

The Ministry of Incomes and Charges of Ukraine propose to introduce a new type of excise stamps for alcohol and tobacco products, starting from September 1 instead of August 1 this year.

The relevant draft resolution of the Cabinet of Ministers has been published on the official website.

As noted in the analysis of the document, it is designed to timely provide excise tax stamps to all entities, prevent layoffs and imports of alcohol and tobacco products, ensure receiving revenues to the budgets in their entirety.

Earlier, the government postponed the introduction of new excise stamps for alcohol and tobacco from May 1 to August 1 this year. The date has been shifted due to the need of inventory of stamps at both vendors and enterprises, as well as the implementation of the law on public procurement.

In addition, it was assumed that the cost of new excise stamps would increase by 2.6 times: price of excise stamps for alcohol would be 0.27 UAH per pc. instead of the current 0.103 UAH per pc., for tobacco - 0.142 UAH per pc. instead of 0.055 UAH per pc.

Source - Interfax-Ukraine

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