Excise tax from the sale of excisable products by retail trade entities in the total amount of 6.8 billion UAH was paid to local budgets of territorial communities in January – October 2021. This is 13.9% or 837.5 million UAH more than in the corresponding period last year.
This indicator is ensured by the excise tax payment by economic entities from the sale of alcoholic beverages and tobacco products to budget of territorial community where they carry out sale of excisable products. This has a significant impact on increasing revenues to relevant local budgets.
Amount of excise tax paid to local budgets is reflected in a fiscal check. If the fiscal check is not issued for the sale of excisable products, the excise tax is not paid accordingly. As a result, budget of territorial community on the territory of which such the sale is carried out does not receive appropriate funds.
Buyers of excisable products can influence the excise tax payment to local budgets, requiring settlement document from the seller, which, in turn, will ensure receipt of excise tax to budget of relevant territorial community.
Communicate with the State Tax Service remotely using the “InfoTAX” service