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Sarajevo Times > Blog > BUSINESS > How much Money does BiH take from Fuel?
BUSINESS

How much Money does BiH take from Fuel?

Published June 26, 2022
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If you now fill the tank of your car with fuel worth 100 BAM, the state will take 48 BAM, because the price of a liter of fuel is burdened with a series of fiscal and even 33 parafiscal charges. The rest refers to the price of oil refining in the refinery, transportation, and the margin of traders.

Two tolls

According to the president of the FBiH Oil Traders Association, Milenko Boskovic, this type of trade is becoming less and less profitable.

“A liter of fuel is currently burdened with excise duties of 34.4 pfennigs on oil and 36.8 pfennigs on gasoline. We have two tolls – one for the maintenance of existing roads of 15 pfennigs, and a toll for the construction of highways of 25 pfennigs per liter. In addition to these, there are more than 30 parafiscal charges, and these are fees for the road belt, quality control, testing of this or that, wastewater, environment, forests,” says Boskovic.

For the money that the state took from the citizens through the consumed fuel, BiH has had to build several highways so far, but not one, says Marin Bago from the Association for Consumer Protection “Futura” from Mostar. Due to the fact that the citizens paid something they did not receive, Bago considers this toll collection system to be the biggest consumer fraud in the country.

We take loans

“Because we do not make roads out of it, but that money stands as a deposit for the loans we take to build roads. We could, realistically, make them ourselves, without credit, which would mean abolishing tolls in the future. When it comes to parafiscal levies, for half of them no one even knows where they end up. For example, where are our terminals, what is in them,” says Bago.

One percent

Fuel costs 1 pfennig for the renewal of stocks and oil terminals, and you also need to pay 17 percent VAT, says Boskovic, Avaz writes.

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