ARTICLE · 15 FEBRUARY 1996
Reclaim Of Excise Duty On Light Heating Oil
According to the latest amendment the Excise Duty Act valid from 1 January 1996, companies purchasing light heating oils (subject to Ke 8,340 of Excise Duty) are entitled to claim back the duty paid to their suppliers. This only applies when a company can prove that the light heating oil was used for heating, production of heat or electricity.
The reclaim procedure is similar to the reclaim of input VAT, however a company claiming input excise duty does not have to be registered as an Excise Duty payer. Duty can be reclaimed via monthly applications submitted to the appropriate Financial Authority.
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