Excise duty on oil products decreases
Ulaanbaatar, Mongolia, /MONTAME/ On its regular meeting held Wednesday, the cabinet discussed an issue of decreasing excise tax on some oil products.
Excise tax on AI-92 petroleum, imported through Sukhbaatar, Zamyn-Uud and Altanbulag border check-points, has been decreased to Tgs 170 thousand from Tgs 200 thousand per tonne. The size of excise duty for on diesel fuel has been decreased to Tgs150 thousand from Tgs 210 thousand.
The govermenent has decided to hold unchanged the excise duty for petroleum and diesel fuel being imported through the remoted border check-points. This decision will come into effect from 12 November 2010 and will allow to keep the prices of oil products comparatively stable in the domestic market.
The reason these changes in the excise duty on fuel are made is that AI-92 petroleum price to be supplied in November increases Tgs 41 thousand per tonne, diesel--by Tgs 184 thousand and A-80 petrolium--by Tgs 81 thousand.
B.Adiyakhuu
Excise tax on AI-92 petroleum, imported through Sukhbaatar, Zamyn-Uud and Altanbulag border check-points, has been decreased to Tgs 170 thousand from Tgs 200 thousand per tonne. The size of excise duty for on diesel fuel has been decreased to Tgs150 thousand from Tgs 210 thousand.
The govermenent has decided to hold unchanged the excise duty for petroleum and diesel fuel being imported through the remoted border check-points. This decision will come into effect from 12 November 2010 and will allow to keep the prices of oil products comparatively stable in the domestic market.
The reason these changes in the excise duty on fuel are made is that AI-92 petroleum price to be supplied in November increases Tgs 41 thousand per tonne, diesel--by Tgs 184 thousand and A-80 petrolium--by Tgs 81 thousand.
B.Adiyakhuu
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