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The government approves amendments to the regulations on recovery of excise duties to increase the list of cases the recovery is possible in

The government approves amendments to the regulations on recovery of excise duties to increase the list of cases the recovery is possible in

According to Finance Minister Octavian Armasu, the amendments specify that the excise duty is subject to recovery in case the payer has supplied fuel for civil aircrafts or imported foreign excisable commodities for further processing and exporting. The excise duty shall also be recovered in case excisable commodities have been processed or produced for processing or manufacturing other excisable commodities exported by non-payer of the excise duty and in case an economic agent has bought the excisable row materials or feedstock to produce non-excisable commodities. // 16.03.2017- InfoMarket.

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