Excise Tax Rates For 2009-2011
Federal law # 142-ФЗ signed on July 22, 2008 introduces changes to chapter 22 “On Excise Taxes” of the Tax Code. Amendments establish phased indexation of excise rates for excisable goods in 2009-2011 and specify certain provisions.
Taxation of gasoline and diesel fuel according to its class (quality) will start on January 1, 2011. The original draft of the law prepared for the first reading suggested an introduction of differential excise rates for gasoline and diesel fuel according to its class (quality) starting January 1, 2009. However, in its third reading, this timeline was changed to 2011 since manufacturers are not ready to implement the change.
The law amends article 182 of the TC. It excludes from excise taxes goods made by mixing basic products in storage and sales facilities – if it results a product subject to similar or lower excise rates.
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