By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Without Approval of the Initiative to suspend Oil Tariffs
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > POLITICS > Without Approval of the Initiative to suspend Oil Tariffs
POLITICS

Without Approval of the Initiative to suspend Oil Tariffs

Published June 27, 2022
Share
SHARE

At today’s session, the House of Representatives of the Parliamentary Assembly of Bosnia and Herzegovina did not support the initiative to instruct the Council of Ministers of BiH to temporarily suspend customs rates on oil and oil derivatives.

The initiative was proposed by Denis Zvizdic, Deputy Speaker of the House of Representatives of the BiH PA, worried, as he pointed out, by the constant rise in prices of oil and oil derivatives, without an adequate reaction to help overcome the current situation in Bosnia and Herzegovina.

Namely, the initiative had a general, but not an entity majority from the Republika Srpska, which is why it was sent to the Collegium for harmonization.

As the head of the SNSD MPs’ Club, Snjezana Novakovic-Bursac, explained, the party’s deputies from RS support the initiative adopted by the RS National Assembly, which seeks to reduce the VAT rate and abolish excise duties on fuel to help the population. in overcoming price increases.

At today’s session, the House of Representatives of the Parliamentary Assembly of BiH did not accept the initiative by which the House of Representatives of the Parliamentary Assembly of BiH calls on the House of Peoples of the Parliamentary Assembly of BiH to urgently adopt amendments to the Law on VAT and Excise Duties.

This proposal did not have an entity majority of RS deputies either.

The initiative was proposed by MPs Sasa Magazinovic and Branislav Borenovic.

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.

Session of the Council of Ministers cancelled due to Arrival of PM of Kosovo

War Criminal Dario Kordic on the Question “Was it worth the Prison”: I would do it all over again

Sweden’s Support for Anticorruption in BiH with 1,9 million BAM in the next Four Years

Positive News: Autistic Boy Slavko Mrsevic in School again!

Revenues collected from Indirect Taxes in BiH increased?

TAGGED:#BiH#fuel#increase#parliament#prices
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Civil Servants in BiH are demanding the Adoption of the Budget, Increase in Salaries
Next Article Members of the BiH Armed Forces completed Training for Officers in the USA
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

The BiH Presidency adopts the Annual Report of the Central Bank of BiH
April 29, 2026
Call Centres dismantled and Ten arrested in EUR 50 Million Online Fraud Case
April 29, 2026
TI BiH: Bosnia and Herzegovina risks losing 373 Million Euros
April 29, 2026
2.8 Million BAM in Incentives for Agricultural Production paid out in RS
April 29, 2026
Public Hearing of BHANSA Management on May 18th
April 29, 2026
Prohibiting Measures imposed to Defendants in the “Envelope” Case
April 29, 2026
EU Donates Equipment to Support BiH Border Police in Fight Against Migrant Smuggling and Trafficking in Human Beings
April 29, 2026
EU and NATO Chiefs in Sarajevo: Western Balkans Stability a Shared Priority, Partnership with BiH Key for Future
April 29, 2026
Dubrovnik Summit: US remains Europe’s main Strategic Partner
April 29, 2026
The 9th Meeting of the Special Group on Public Administration Reform held in Sarajevo
April 29, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?