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Zelenskyy has approved excise taxes on fuel.

Zelenskyy has approved excise taxes on fuel.

excise taxes on fuel.

President Volodymyr Zelenskyy signed a Law on the resumption of excise taxes on gasoline, diesel, biofuel, and autogas. In March, the excise tax on fuel was suspended through tax legislation implemented for the period of martial law. At the time of suspension, the rates were differentiated: gasoline was €213.5, diesel €139.5, autogas  €52. The new rates are: gasoline, diesel, and biofuel – €100 each, gas – €52. The Ministry of Defense will be able to purchase fuel for its needs without any excise tax. The value-added tax for these types of fuel remains at 7%. The new rates will be in effect until the end of martial law, but no later than July 1, 2023. After that, the VAT rate will return to the 20% level that was in effect before the introduction the new rates in March and excise taxes will return to pre-war levels.

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