Starting 1 January 2019, the excise duty level increases for most excisable goods, according to information posted on the Ministry of Public Finance website.
The Ministry of Public Finance has posted on its website the updated level of excise duties, applicable in 2019. The adjustment is based on art. 342 para. (2) and art. 442 para. (2) of the Fiscal Code, which stipulate that the excise duties level is updated to reflect the increase in consumer prices during the last 12 months, calculated in September of the year preceding the application, by reference to October 2014– September 2015, as officially communicated by the National Institute of Statistics by 15 October.
Starting 1 January 2019, the excise duty level in Romania will be higher for both harmonised and non-harmonised excisable goods. The updated list is available on the Ministry of Public Finance website.
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Partner, Tax Services, Romania
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