Excise level for fermented beverages

Excise level for fermented beverages

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21 November 2013

On the 19th of November 2013, it was published Law no. 303 / 2013 for the approval of Governmental Emergency Ordinance no. 117 / 2010 in order to amend Law no. 571 / 2003 regarding the Fiscal Code and other Financial - Fiscal measures.


The Law approves Emergency Ordinance no. 117 / 2010 and provides the reduction of excise duties’ level owed to the state budget for still fermented beverages other than beer and wine, from the value of EUR 100 / hl of product to EUR 10/hl of product.


Also, within the same group of excise goods, it was foreseen a level of EUR 0 for apple and pear cider (CN codes 2206 00 51 and 2206 00 81) and for the mead obtained from the fermentation of a solution based on honey in water (CN codes 2206 00 59 and 2206 00 89).


The Law will enter into force on 22 November 2013.

 

[Source: Official Gazette of Romania no. 709 / 2013]

 

For more information, please contact Mihaela Mitroi, Peter de Ruiter, Ionut Simion and Daniel Anghel.

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