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  SERBIA AND MONTENEGRO: Excises Make Cigarettes And Gasoline More Expensive
After the adoption of the Law on Excises, which the Government of Serbia, sent urgently to the Republic Parliament for consideration, the excises on gasoline and cigarettes will be increased, whereas the excises on certain domestic products and other fuels will be revoked.

The following excises will be revoked: excise on domestic juices and soft drinks (of 2.5 din), on heating oil, on jet fuel and gas for airplanes (4 din), on motor oils and lubricants (48.4 din), on petroleum for lighting (4 din), liquid petroleum gas, butane gas, car gas (3 din), ethyl alcohol, i.e. ethanol (21.5 din).

The excises on all other types of fuel, alcoholic drinks (except on domestic brandies), imported juices and soft drinks will be higher. The excises on other alcoholic drinks will be higher by 25%, on whiskey, gin and cognac by 30% and 3 din on imported juices and soft drinks. The excises on all types of motor gasoline and diesel fuel will be increased by 3 din per liter, whereas the retail price of these products will be defined by the Petroleum Industry of Serbia and other companies.

If the total amount of excise is included in the retail price, the 98-octane gasoline will cost 83 pf (average in region - 84 pf, in Montenegro - 86 pf), 95-octane gasoline will cost 77 pf (price in region - 78 pf, in Montenegro – 87 pf), diesel fuel D2 will cost 61 pf (average in region – 67 pf, in Montenegro – 70 pf). The excise on imported cigarettes of “group A” will be higher by 3 din, by 1 din on domestic cigarettes of “group B” and by 5 din on cigarettes of “group C”. Also, the change in the defining of excises on coffee is announced. The excise on coffee of 40% of the value of coffee will be introduced instead of present fixed excise that does not depend on value and quality of coffee.

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