New stamp duty samples for bottled alcoholic beverages take effect April 1, 2022

The Minister of Finance signed an order modifying the deadline for the entry into force of the new samples of tax stamps for bottled alcoholic beverages from January 1, 2022 to April 1, 2022. The reason for this change is a request for an extension of the deadline and discussions with professional organizations, whose members are the largest importers, producers and traders of alcoholic beverages in the country. The companies shared with the Minister of Finance their arguments against the deadline of January 1, 2022, highlighting the difficulties and obstacles for business processes related to the planning and sale of excise goods when introducing excise goods. a new sample of stamp duty within this period.

The Ministry of Finance made this decision after analyzing a number of factors related to the situation of the COVID-19 epidemic in the country which led to the lack of predictability for alcohol producers and traders and the difficulties that ‘they meet with the planning and sale of excise duties. goods. The measure taken will immensely support the activity of companies by allowing the sale of alcoholic beverages released with the old stamp duties. Since alcoholic beverages sold in the market are goods subject to paid excise duty, the extension of the time limit for entry into force of the new sample will not directly influence the excise duty revenue of the state budget.

The deadline of January 1, 2022 for the entry into force of new stamp duty samples for tobacco products remains.

Disclaimer

Ministry of Finance of the Republic of Bulgaria published this content on 04 October 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 04 October 2021 05:47:51 UTC.

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