37.1 billion UAH of the excise tax on goods produced in Ukraine was collected during January – July 2020

Press service of the State Tax Service of Ukraine, published 13 August 2020 at 11:14 Chapter: News

General fund of the State budget of Ukraine received 37.1 billion UAH of the excise tax on goods produced in Ukraine during January – July 2020. Indicative figures of the Ministry of Finance have been fulfilled by 102.1%. Budget additionally received 779.4 million UAH.

This year’s revenues have increased by 13.1% or 4.3 billion UAH comparing to the same period in 2019.

General fund of the State budget received excise tax on goods produced in Ukraine in the amount of 6.5 billion UAH in July 2020, fulfillment of the indicative figure has amounted 122.2%. Budget additionally received 1.2 million UAH. This year’s July revenues have exceeded the corresponding figure in 2019 by 11.8% or 0.7 billion UAH.

During January – June 2020, the local budget revenues from licensing of production, wholesale and retail sale of ethyl alcohol, cognac, fruit and grain distillate, rectified grape ethyl alcohol, rectified fruit ethyl alcohol, grape alcohol distillate, raw alcohol, fruit and alcohol beverages amounted 662.2 million UAH or 119% from expected revenues.

Revenues from licensing amounted 92.3 million UAH in July 2020. This is 113.0% from expected revenues.