aA
A bill on raising Lithuania's excise duties on strong alcohol, gasoline, and diesel fuel, including a symbolic increase of 4 euros for that used for agricultural purposes, is making its way through the Lithuanian parliament.
Bill on excise tax hikes making way through parliament
© DELFI

The respective amendments to the Law on Excise Duties passed the second reading in the Seimas with 59 votes in favor, 10 against and 38 abstentions on Thursday, and will need a final vote to be adopted.

If approved, the excise tax rate for diesel fuel used for agricultural purposes will rise by 4 euros, or 7.2 percent, to 60 euros per 1,000 liters next January.

It is a far cry from President Gitanas Nauseda's move to increase the rate by 90 euros to 146 euros, and the government's proposal to rise it by 25 euros, or 44.6 percent, to 81 euros.

The excise tax rate on ethyl alcohol is set to rise by 10.5 percent, from 1,832 to 2,025 euros per hectoliter, next March, leading to an average price increase of around 0.45 euros per 0.5 liters of strong alcoholic drinks and bringing in an estimated 10 million euros in additional budget revenue.

The standard excise duty rate on unleaded petrol will increase by 7.3 percent, from 434.43 to 466 euros per 1,000 liters, and that on gas oil will go up by 7.2 percent, from 347 to 372 euros per 1,000 liters.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Official: ban on Ukrainian poultry imports won't affect our market

The European Commission's ban on imports of Ukrainian poultry meat and poultry products will have...

Some 200 new points of sale of illegal tobacco emerged

204 new points of sale of illegal tobacco emerged in Lithuania, with their number going up by a...

Tourism: Lithuania had biggest growth of nights spent in EU

In 2019, the number of nights spent in tourist accommodation in the European Union (EU) is expected...

No contamination found in Curonian Lagoon fish

Tests have found no contamination in fish from the Curonian Lagoon despite the release of untreated...

Debates started to get a grip on environmental polluters

The of Lithuanian Seimas during its extraordinary session on Thursday started deliberating a package...

Top news

Crazy about coffee: Ukrainian is looking for best cafe in Vilnius (4)

Some people have a passion. For Ukrainian student Oleksandra Kyryliuk coffee is her number one...

Plans to commemorate Baltic Way by naming roads

Lithuania plans to commemorate the Baltic Way , which took place more than 30 years ago, by naming...

Official: ban on Ukrainian poultry imports won't affect our market

The European Commission's ban on imports of Ukrainian poultry meat and poultry products will have...

Foreign ministry advised against travel to central China due to coronavirus

The Lithuanian Foreign Ministry has advised Lithuanian citizens against traveling to China 's central...

Number of barred people up as immigration grows

The number of people barred to enter Lithuania rose last year, and the country's State Border Guard...