excise duties


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Related to excise duties: excise tax, Corporate tax, sales tax, Value added tax
Translations

excise duties

[ˈɛksaɪzˈdjuːtɪz] npldazi mpl
References in periodicals archive ?
A major increase in excise duties on alcoholic drinks that took effect in Lithuania in early March has had no major impact on the country's alcohol market, Swedbank Lithuania's chief economist Nerijus Maciulis said on Tuesday May 15.
The Commission considers this to be a reduction of excise duties on diesel and petrol used as motor fuel, posing an obstacle to the proper functioning of the EU internal market and infringing EU rules.
To discourage consumption of tobacco and tobacco products, I propose to increase the excise duties on various tobacco products other than beedi by about 10 to 15 per cent," Jaitley said in his Budget speech.
This move will probably result in all manufacturers, who had started offering discounts on their products after the announcement of tax incentives, increasing prices again to reflect the increase in excise duties.
New Delhi, June 25 ( ANI ): Finance Minister Arun Jaitley said on Wednesday that the government has decided to extend the excise duties which were reduced on several automobiles, capital goods and consumer durables.
Given the current slowdown in the auto sector, manufacturers welcomed the clarification made by the central board of excise and customs on the criteria for paying excise duties.
Excise authorities all over the country have issued show-cause notices to companies across sectors as they sought to implement the judgment and recover past excise duties.
She informed that the Finance Ministry had prepared amendments to the Excise Duties and Tax Warehouses Act envisaging an increase in the excise duty rate levied on natural gas used as motor fuel to BGN 5.
The Federal Board of Revenue (FBR) officials informed that tax authorities have planned to phase out all federal excise duties so despite proposing to impose federal excise duty they will suggest to impose income tax on those who were using more than 1,000 mega watt electricity per month.
Moreover, excise duties for petrol cars with engines fewer than 1,200 cc and diesel cars with engine capacity under 1,500 cc but the length exceeding four meters have been increased to 24% from 22% and a fixed duty of Rs 15,000.
Consumers of wine, spirits, cigarettes and ciders will have to fork out more for their favourite products after government announced that excise duties on the products have gone up with effect from 23 February in line with a SACU agreement.
THE EUROPEAN Commission has given a clear indication establishing minimum specific excise duties on cigarettes could help depress demand for tobacco products, rather than sticking with rates, defined as a percentage of a product price.