The Federal Tax Service of Russia
Published: 31.08.2011 16:57
Prime-minister Vladimir Putin signed an Act on increase of oil-products exportation duties.
The condition “60-66” was considered by the Government since the beginning of the year.
As reported by the “Rossiyskaya Gazeta” with reference to deputy Prime-minister Igor Sechin’s report on the meeting with the Prime-minister, the Ministry of Energy together with the Ministry of Economic Development and business companies prepared the Government’s Act on the new customs and tariff regulations of the industry: “The draft Act provides new methods of calculation of export duty rates, first of all – increase of these rates for low-refined oil products”.
Partcularly, it’s proposed to determine the joint export customs duty rate for dark oil products as 0,66 of the export duty rate for the raw oil, the newspaper reports. “It is proposed for all the stock-list except directly distilled gasoline and commercial gasoline which we would like to use for our internal market fulfillment” – Igor Sechin explained. For those the rate of 0,9 will be kept.
“If the oil duty rate will be decreased from 65 to 60 and the dark-oil products duty rate will be increased from 46,7 to 66 a nearly balanced picture will appear” – he added.
According to the Act signed by the Prime-minister since the 1st of October export duty rates for white and dark oil products will be unified and fixed at the level of 66% of oil duty rate. Since 2015 export duty rates for dark oil products will become equal to the raw oil export duty rate.