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ARTICLE · 19 MAY 2021

Preliminary Laws And Excise Duties

The first draft of the Law on Excise Duties seeks to meet the criteria of the European Union, including...

Bosnia and HerzegovinaEnergy and Natural Resources

The first draft of the Law on Excise Duties seeks to meet the criteria of the European Union, including: 

-period of adjustment of taxpayers and ITA to the new rules for excise products, which will be applied by membership in the Union 

-a new system of taxation of existing excise products determined by the applicable legislation, and under the prescribed conditions new excise products will be defined: 

  • Electricity 
  • Solid fuels (coal, coke, lignite) 
  • Natural gas 
  • New tobacco products 

This legal solution defined in this way, has advantages and disadvantages. 

The good side is that this law would abolish the excise tax on denatured alcohol used in the production and processing of non-food products, for example disinfectant and chemistry products, which are now fully taxed. Last year, the economic profession-Economic Council of the State    sent a law to the procedure to abolish this excise tax, which was eventually overthrown in the House

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