PRESS: Fin Ministry may introduce reverse excise duty on rubber - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Fin Ministry may introduce reverse excise duty on rubber

MOSCOW, Apr 3 (PRIME) -- The Russian Finance Ministry plans to adopt amendments to the Tax Code in 2023 to introduce a reverse excise duty on synthetic rubber, business daily Vedomosti reported on Monday citing a report of the ministry.

УThe parameters of the excise duty will depend on the exchange prices of natural rubber in the Singapore market and butane and butadiene (raw materials for production of rubber) in the Rotterdam market,Ф the daily reported.

In case of unfavourable prices for producers a reverse excise duty will be applied which will be repaid to the companies from the state budget.


03.04.2023 09:58
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 98.7776 -0.1202 18 may
USD 90.9873 +0.0634 18 may
Stock Market Indices
1D 1W 1M 1Y
micex 3501.89 +0.45 18:51 17 may
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 155.21 -1.69 23:14 17 may
lkoh 7843.50 +1.67 23:14 17 may
rosn 592.60 0.00 23:50 17 may
sber 322.91 0.00 23:50 17 may
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 98.5225 -0.1775 14:59 17 may
USDTD 90.9700 -0.0075 17:44 17 may