excise

Romanian Deputy Proposes Excises On Soft Drinks

Romanian democrat liberal deputy Petru Calian put forward a proposition to levy excise taxes on soft drinks containing sweetening agents.

Romania Cigarette Prices Most Impacted By Excise Duty Hike In 2010

The excise hike and the higher exchange rate used for computing excise duties as of January 1 would significantly impact cigarette and tobacco products prices, which are expected to grow by 14%, while the prices of the other excisable products would only register a single-digit growth.

Fuel Excise Hike, Not Excluded By Fin Min To Boost Budget Revenues

Romania's Government might hike fuel excises in 2009 to increase the budget revenues, finance minister Gheorghe Pogea said Wednesday.

Romanian Specific Excise To Reach EUR35.06 / 1,000 Cigarettes Come Apr 1

The Romanian specific excise will grow, starting with April 1, from EUR27.31 to EUR35.06 / 1,000 cigarettes, while the ad valorem excise will drop from 25% to 23% of the maximum sale price, according to a draft government ordinance

Romanian Govt Ups Sparkling Alcohol Excise By EUR11

The Romanian government will increase, starting with April 1, the excises for fermented sparkling beverages to EUR34.05 / hl to EUR45 / hl, as well as for intermediary alcoholic products from EUR51.08 / hl to EUR65 / hl, in view of increasing revenues to the state budget, according to a draft emerge

Romanian Tobacco, Alcohol Excise Upped In ’09, Moves Up EU Set Level -Fin Min

Romanian excise duties would be increased in the near future only for tobacco and alcohol, moving up the increase schedule agreed with the European Commission, minister of Finance Gheorghe Pogea said Thursday.

First Tobacco, Alcohol Excise Duties Hikes On Apr 1 – Romanian Fin Min

The first tobacco and alcohol excise duty hikes will take place on April 1, by EUR7/1,000 cigarettes, EUR11/ hl for fermented beverages and EUR13.96/hl for the rest of alcoholic beverages, Romanian Finance Minister Gheorghe Pogea said Thursday.

Romanian Govt Plans To Rush Tobacco, Alcohol Excises To Hike Budget Revenues – Fin Min

The Romanian Government plans to rush the adjustment of tobacco and alcohol excises in order to hike budget revenues, Finance Minister Gheorghe Pogea said Thursday.

Romanian Farmers Disappointed With Govt Decision Diesel Fuel Excises

The Romanian Farmers’ League (LAPAR) said Friday that the sum allotted by the government to lower excise duties for diesel fuel used in agriculture is insufficient and would not bring about a significant cut fuel prices for farmers.

Romanian Cigarette Prices To Climb Come July 1

The retail price for one pack of cigarettes will increase by an average RON0.4, starting with July 1, when the total excise will be increased to EUR50 /1,000 cigarettes, compared to the current excise of EUR41.5, sources within the Ministry of Economy and Finance told MEDIAFAX.

Gasoline Price May Reach RON5/Liter Unless Romania Cuts Excise Tax – Rompetrol Pres

A liter of gasoline might reach 5 lei (EUR1=RON3.7418), unless Romanian authorities cut and even the gasoline and diesel oil excises taxes in the following months, president of Romanian oil refiner Rompetrol Group, Dinu Patriciu, said Wednesday.

Higher Excises To Drive Cigarette Prices In Romania Up 35-40%

The proposal to increase excises for cigarettes to make up for a potential lowering to 5% of the value added tax on basic food products would lead to a 35-40% increase in cigarette prices, encouraging contraband, tobacco producers say.

Romania’s Economy Ministry Ups Minimum Excise For Cigarettes By 4.5%

The minimum excise for cigarettes will reach EUR39.5 /1,000 cigarettes during January 1 – June 30, 2008, up 4.55% compared with the second half of 2007, according to an order issued by Romania’s Ministry of Economy and Finance.

Romania To Hike Pwr, Diesel Oil, Gas Prices In ’08 On Higher Excise

Prices of electric power, diesel oil, fuel oil and natural gas used as heating fuel will hike in 2008 due to higher excises.