The FC approved the law on new excisable goods

10.07.2024
#industry news

At the meeting, the Federation Council approved amendments to the Tax Code of the Russian Federation aimed at further tuning the tax system in the Russian Federation. The amendments, in particular, provide for the introduction of an excise tax on nicotine raw materials and a tobacco-free nicotine-containing mixture for heating, the recognition of ethyl alcohol pharmaceutical substances as excisable goods, and also establish the imposition of excise duty on natural gas purchased for the production of ammonia

"When selling tobacco-free nicotine-containing mixtures for heating and liquids for electronic nicotine delivery systems, it is possible to apply a deduction of excise taxes paid upon purchase or import of nicotine raw materials actually used for the production of such sold products," the accompanying materials to the law say.

It provides for the recognition of excisable pharmaceutical substances of ethyl alcohol, as well as alcohol-containing medicines that are not included in the relevant list approved by the Government of the Russian Federation.

The excise tax rate on the pharmaceutical substance of ethyl alcohol, shipped to pharmaceutical manufacturers who have received a corresponding certificate from the tax authority, pharmacy and medical organizations, is set at 0 rubles. In addition, there is an exemption from taxation for pharmacy organizations that manufacture prescription drugs that are recognized as excisable goods.

The excise tax on the pharmaceutical substance of ethyl alcohol is proposed to be deducted in the production of certain medicines and medicines specified in the relevant lists, as well as relevant products with a volume fraction of ethyl alcohol content below 20% (alcohol-free) and medical devices. For companies using less than 500 thousand liters per year of pharmaceutical substation, the deduction will be provided regardless of the inclusion in the list of manufactured products and without the need to provide documents confirming the intended use of the pharmaceutical substation.

The law also introduced a unified approach regarding the possibility of buying only denatured alcohol with a zero excise tax rate in order to use it for the production of perfumes, household chemicals, printing inks, gels, gel-based creams.

It is also envisaged to impose an excise tax on natural gas purchased for the production of ammonia. Such an innovation is aimed at a fair distribution of income received by producers of ammonia fertilizers, the government of the Russian Federation notes.

Source: 

tass.ru