The Governing Board of the Indirect Taxation Authority (UO UINO) B&H decided at yesterday’s session to submit the report of the Work Group on the increase of excise taxes on oil products, beer and cigarettes to the entity governments for plead, given that an agreed solution by which the UO UINO might decide within its mandate has not been reached.
UO UINO reached a Decision on defining special and minimum excise tax on cigarettes and tobacco for smoking for 2016, which is to be applied as of January 1, 2016.
According to the adopted decision, minimum excise tax on cigarettes will amount to 2.23 BAM per box, while special excise tax for package of 20 cigarettes will amount to 1.2 BAM. Excise tax on tobacco will amount to 80 percent of the minimum excise, i.e. 89.2 BAM per kilogram.
Taxpayer and cigarette distributors are obliged to make inventories and pay the difference between the calculated and already paid excise tax until January 17, 2016.
Decision on defining customs tariff for 2016 has also been adopted, upon the proposal of the Ministry of Foreign Trade and Economic Relations of B&H.
The Governing Board adopted the Decision on amounts of fuel for which the toll is not paid, helping the production in mines in both entities.
(Source: novovrijeme.ba)
