Businesses to pay guarantee for excise

Deputy Minister of Finances, Alfred Rrushaj, explained at the Parliamentary Commission how the new scheme will function.

“A subject that produces 100 liters of wine and has it blocked by the taxes, for not paying the excise, he has already created the excise debt, because the good has been produces. He must give a guarantee for this product, because he could bring it out to the market at any time”, Rushaj declared.

The new law obliges the businesses to pay for the excise since the goods are brought out of the tax storage.

“After the good is on the market and the subject has not paid the excise, the system will automatically reduce the guarantee to the sum that corresponds to the excise on trucks. When the fiscal storage has been released, the good will be considered as brought into the market”, Rrushaj declared.

But the opposition says that the guarantee will increase the business and administration cost.

“The cost will increase from the moment that the obligation for collecting taxes is transferred. The responsibilities for the collection and elimination of the guarantee, which, on my opinion are not clear, they will increase the cost for the business and for the administration”, declared the Socialist MP, Arben Ahmetaj.

The new law for the excise was voted in Commission by the majority MPs, while the opposition voted against.

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