The rates of excise tax on tobacco, tobacco and industrial tobacco substitutes, the minimum excise tax liability on tobacco excise duty increased by 4.6 times this year. What should be prepared and what is important to know about the excise tax – in the following.
From 01.01.2018, the term of payment of the excise tax amount by tobacco manufacturers to the budget was increased from 5 to 15 business days after the receipt of the excise tax marks with an additional charge (if necessary) on the day the tax return submission.
However, other innovations in relation to the excise tax are deferred again
Firstly, the need to equip the excise warehouses in the territory of which it is carried out the production, processing (processing), mixing, loading-unloading, storage of fuel, flow meters, counters and level meters, deferred once again until the next year (amendments made to para. 12 of sub-para. 5 of sec. XX of TCU).
New edition of Art. 1281 of TCU, which came into force on 01.01.2018, and provides for the imposition of a fine in cases defined by the TCU for non-use of flow rate meters and/or equalizer meters in the amount of one size of the subsistence minimum for an able-bodied person established by law on January 1 of tax (reporting) year, for each cubic meter of the volume of tanks, on which are not installed flow rate meters and/or equalizer meters, but not less than UAH 15 000, will not actually work from 01.01.2019.
It is simultaneously noted in para. 12 of sub-para. 5 of sec. XX of TCU on the application of Art. 1281 of TCU:
- from 01.01.2019 Art. 1281 of TCU will be applied to the administrators of excise warehouses, where tanks are located, the total capacity of which exceeds 20 000 m3;
- from 01.07.2019 − to the administrators of excise warehouses, in which tanks are located, the total capacity of which exceeds 1 000 m3, but not more than 20 000 m3;
- from 01.01.2020 − to the administrators of excise warehouses, in which tanks are located, the total capacity of which does not exceed 1 000 m3.
Secondly, certain amendments in the excise tax, in particular, the definition of the “total amount of tax liabilities on the excise tax on cigarettes”, the calculation of the share of total tax liability on excise tax at the weighted average retail price of cigarettes sales will be put into effect only since 01.01.2025.
