The Excise and Purchase Tax Reform on Solvents and Oils is Back!

04 August, 2021

After being postponed for over two years, the Ministry of Finance intends to implement the excise tax reform on solvents and oil.
In the webinar devoted to this matter, we discussed the main points of the reform and its effect on importers, manufacturers and distributers of solvents, oils and other products.

What we  discussed:

What products will be subject to excise / purchase tax?
Which industries will be exempt from the new tax?
What will be the reporting mechanism?
How to prepare right now?
What can a manufacturer / importer do to influence the emerging legislation?