Almost 6.2 billion UAH of excise tax was paid to local budgets of territorial communities

Press service of the State Tax Service of Ukraine, published 20 October 2021 at 09:44 Chapter: News

Almost 6.2 billion UAH of excise tax on the sale of excisable products was paid by the retail trade entities to local budgets of territorial communities in January – September 2021. This is 15.9% or 847.3 million UAH more than in the same period last year.

Specified indicator is provided by the payment of excise tax by economic entities from the sale of alcoholic beverages and tobacco products to the budget of territorial community where they carry out activities, particularly the sale of excisable products. This has a significant impact on increasing revenues to the relevant local budgets.

Amount of excise tax paid to local budgets is reflected in a fiscal check. If a fiscal check is not issued upon the sale of excisable products, the excise tax is not paid accordingly and as a result the budget of territorial community on the territory where such sale is carried out does not receive relevant funds.

Buyers of excisable products can influence the payment of excise tax to local budgets, requiring a settlement document from the seller, which in turn will ensure receipt of excise tax to the budget of relevant territorial community.

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