On January 30, 2025, the Government of the Republic of Serbia adopted the adjusted dinar amounts of excise duties, which have been aligned with the annual consumer price index for the year 2024, for various types of excise goods. The adjustment of the dinar amounts of excise duties follows the amendments to the Excise Law from November 2024 (“Official Gazette of the RS,” No. 94/2024), and these adjusted amounts are in effect as of February 1, 2025.
What Changes Does This Adjustment Bring?
- The adjusted excise amounts apply to various types of excise goods, including petroleum derivatives, biofuels, and biochemicals, as well as excise products commonly available to the public, such as coffee, alcoholic beverages, tobacco, and nicotine products.
- For example, the adjusted excise duty on leaded gasoline is now 54 RSD/liter, the adjusted excise duty on unroasted coffee is now 112.71 RSD/kg, and the adjusted excise duty on strong alcoholic beverages is now 56,057.29 RSD.
- The amendments to the Excise Law, effective from January 1, 2025, include nicotine pouches as a category of tobacco products subject to taxation. Additionally, smoking and heating plant products, as well as waterpipe products (hookah flavors), are now subject to excise duties.
- The amendments to the Excise Law have also altered the deadline for submitting the excise tax return. The return must now be filed by the last working day of the month for excise amounts calculated for the period from the 1st to the 15th day of the month, or by the 15th day of the following month for excise amounts calculated for the period from the 16th to the end of the previous month.
For additional information or consultations, our team at Tasić & Partners is at your disposal.