The Commission proposes retaining the current minimum levels fixed by the Energy Taxation Directive (Directive 2003/96/EC) as the bottom of the range until 2012 in order not to impose any increase in today's commercial diesel excise duties
The proposal for a Council Directive amending Directive 92/81/EEC and Directive 92/82/EEC to introduce special tax arrangements for diesel fuel used for commercial purposes and to align the excise duties
on petrol and diesel fuels was examined by Parliament under the consultation procedure, which means the Council of Ministers is not bound by its Opinion.
Added to this, unpredictable developments like increases in excise duties
and other governmental measures, and the weather, prevent a meaningful prediction of the level of profit growth for 1998 at this moment in time.
In an Opinion adopted on December 12, the European Economic and Social Committee has proposed channelling additional revenue generated by the harmonisation of excise duties
on commercial diesel fuel towards funding priority European transport infrastructure.
To encourage domestic production of mobile handsets and reduce the dependence on imports, the Finance Minister has proposed to restructure the excise duties
for all categories of mobile handsets.
It also wants government to cut excise duties
on cars to make them more affordable to consumers.
Bulgaria and all other EU states should be completely free to decide their excise duties
for tobacco, alcohol and energy, according to the Bulgarian rightist SDS party.
Under a 2004 Polish law, excise duties
are indeed levied on the purchase of second-hand cars originating in other member states, but not on the acquisition of a second-hand car already registered in Poland.
THE EUROPEAN Commission is asking drinks companies for comments on how European Union (EU) legislation on excise duties
can be reformed.
As a result, in order to mitigate illegal smuggling that would result from higher beer prices relative to its regional peers, which was caused by the increase in excise duties
, the company has, for the time being, decided to absorb the excise increase on its non-returnable packs.
In the Budget, excise duties
for cars exceeding four metres in length but engine capacity less than 1,200 cc for petrol and 1,500 cc for diesel have been increased to 24 per cent, from 22 per cent with a fixed duty of Rs 15,000.
Bulgaria's finance minister has made it clear that a decrease in cigarette excise duties
by the end of the year is out of the question.