CPN. Minister of Finance on the costs of reducing VAT and excise duty on fuel

CPN (fuel prices below) is a package of changes announced by the government on Thursday. – From the budget point of view, these are serious expenses, which is why we are working on a tax on excess profits – said Domański.
As the minister added, the government is reducing excise duty to the minimum allowable levels – for petrol by 29 gr, and in the case of diesel oil – by 28 gr. In turn, VAT on fuel is to drop from 23 to 8%.
See also: Even almost PLN 9 per liter. This is how much it costs to refuel in Poland
VAT and excise tax reduction. Here is the cost to the budget
— These actions are of a temporary nature. We will flexibly adapt them to the changing market situation, assured the minister.
As reported by the Minister of Finance on Thursday after 18, before the start of the special government meeting, for the cost of VAT reduction is PLN 900 million per monthand in the case of excise duty – PLN 700 million per month.
As announced by Marshal Czarzasty, the excise and VAT reduction projects will be processed in the Sejm on Thursday from 8.30 p.m.
See also: Donald Tusk confirms. There is a decision on VAT and excise duty on fuel
Maximum fuel price
The maximum retail price of fuels will be the price derived from the wholesale average from the largest sellers, plus operating costs, said the Minister of Energy, Miłosz Motyka.
The article is being updated




