01 September 2024, Sunday, 16:36 273

Zelenskyy not approves increase in excise duties on gasoline, diesel and LPG from September

Editor: Tetiana Herasimova

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President Volodymyr Zelenskyy did not sign the law on raising the excise duty on gasoline by 13.6% from September 1, from EUR 213.5 to EUR 242.6 per 1,000 liters, and the excise duty on diesel fuel by 27.3%, from EUR 139.5 to EUR 177.6 per 1,000 liters, for LPG - 2.8 times, from EUR 52 to EUR 148 per 1,000 liters.

This is evidenced by the data on the card of bill No. 11256-2, the Ukrainian News agency reports.

The Verkhovna Rada adopted bill on July 17, 2024.

On August 21, it was signed by the Chairman of the Verkhovna Rada, Ruslan Stefanchuk, and sent to the President for signature on the same day.

This bill brings the current provisions of the Tax Code into compliance with the provisions of Directive No. 2003/96/EU.

According to the rate increase schedule, from September 1, 2024, gasoline excise duties should increase to EUR 242.6 per 1,000 liters, from 2025 - to EUR 271.70 per 1,000 liters, from 2026 - to EUR 300.80 per 1,000 liters, from 2027 - to EUR 329.90 per 1,000 liters, from 2028 - to EUR 359 per 1,000 liters.

From September 1, 2024, excise duties on diesel fuel should increase to EUR 177.6 per 1,000 liters, from 2025 - to EUR 215.70 per 1,000 liters, from 2026 - to EUR 253.8 per 1,000 liters, from 2027 – to EUR 291.9 per 1,000 liters, from 2028 - to EUR 330 per 1,000 liters.

Excise duties on liquefied gas (propane or a mixture of propane and butane) from September 1, 2024 should increase to EUR 148 per 1,000 liters, from 2025 to EUR 173 per 1,000 liters, from 2026 to EUR 198 per 1,000 liters, from 2027 - to EUR 223 per 1,000 liters, from 2028 - to EUR 250 per 1,000 liters.

As the Ukrainian News agency earlier reported, in July 2024 the Verkhovna Rada increased excise taxes on fuel.

From July 2023, the excise duty and value added tax (VAT) on fuel returned to pre-war levels, in particular, the excise duty on gasoline increased 2.1 times, from EUR 100 per 1,000 liters to EUR 213.5 per 1 000 liters, the excise duty on diesel fuel - by 39.5%, from EUR 100 per 1,000 liters to EUR 139.5 per 1,000 liters, and the VAT rate - from 7% to 20%.