Post Tagged with: "#excise taxes"

The Increase of Cigarette Prices to be stopped in the next Three Years?

July 9, 2018 2:00 PM
The Increase of Cigarette Prices to be stopped in the next Three Years?

On the agenda of the session of the Board of Directors of Indirect Taxation Authority (ITA) BiH will be included changes to the Law on Excise Duties, which stipulates the introduction of a moratorium on further increases of excise duties on cigarettes during the next three years. As stipulated by […]

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How much Money was collected in five months from Excise Duties on Fuel?

July 7, 2018 8:00 AM
How much Money was collected in five months from Excise Duties on Fuel?

A total of 165 million BAM was collected on a special sub-account of the Single Account on which the special toll is being collected since February 1, when the application of the Amendments to the Law on Excise Taxes started, as announced by the spokesperson of the Indirect Taxation Authority […]

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Half of the Money from the Sale of Fuel goes to the State?

June 16, 2018 12:00 PM
Half of the Money from the Sale of Fuel goes to the State?

The burden on the price of fuel at retail fuel stations in BiH is around 50 %, according to data of the Indirect Taxation Authority (ITA BiH). The burden of 50 % in BiH is somewhat smaller than the burden in majority of other European countries. For example, taxes make […]

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97 million BAM of Excise Duties collected in three Months

May 11, 2018 9:00 AM
97 million BAM of Excise Duties collected in three Months

The implementation of the amendments to the Law on Excise Duties has been in force since February 1, 2018, and tolls were increased by 0.25 BAM per liter of fuel. A total of 97 million BAM were collected after three months of application of the fuel price increase. Spokesperson of […]

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Cigarette Prices to be increased again?

April 6, 2018 1:00 PM
Cigarette Prices to be increased again?

Prices of cigarettes by companies Philip Morris and Imperial Tobacco will be increased by 10 to 20 fennings per pack from April 1, 2018. The prices will be following: West Red 4,60 BAM West Silver 4,60 BAM Boss Lassic 4,60 BAM Boss Gold 4,60 BAM Boss Blue 4,60 BAM Boss […]

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Effect of Excises: Additional 16 million BAM collected for Highways in 28 Days

March 14, 2018 12:30 PM
Effect of Excises: Additional 16 million BAM collected for Highways in 28 Days

The first month of collection of funds since the increase of excise duties is behind us. According to data provided by the Indirect Taxation Authority of BiH, and taking into consideration the promise of the parties that adopted the new law, there is 16 million BAM more on the account […]

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What is the new increased Price of Fuel in BiH?

February 2, 2018 10:15 AM
What is the new increased Price of Fuel in BiH?

Fuel prices at gas stations in BiH are higher by 20 to 25 fenings since yesterday. The set of laws on excise taxes, which was adopted in both Houses of the Parliamentary Assembly of BiH, officially entered into force and with this law, the excise taxes were increased from 0.10 […]

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How will the Excise Money be actually used?

January 31, 2018 1:15 PM
How will the Excise Money be actually used?

In a long, hard and energetic struggle to adopt the Law on Excise Duties in BiH, which comes into force on February 1, and which will mean that the price of fuel will be increased by 15 fening per liter, it was emphasized that there is no construction of highways […]

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BiH in Figures: Indebtedness of the Country, Citizens, living Standard

January 1, 2018 12:30 PM
BiH in Figures: Indebtedness of the Country, Citizens, living Standard

BiH is a medium-indebted country with a moderate economic war. However, the high rate of unemployment and high public debt cannot be neglected. BiH is also known for its very complicated and unstable market for foreign and domestic investment, a huge administrative mechanism, and very complex tax system. In the […]

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Minister Bevanda: BiH can become a Regional Center if we build up Roadways

December 18, 2017 2:45 PM
Minister Bevanda: BiH can become a Regional Center if we build up Roadways

Minister of Finance and Treasury in Bosnia and Herzegovina (BiH) Vjekoslav Bevanda has estimated that BiH can become a regional center if it builds up the roadways that enable large flow of people and goods and many investments from Europe. Bevanda claims there is no alternative to increasing the excise […]

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