Fuel excise: diesel 55.53 dinars a liter until October 18
The caretaker government's decision, published in the Official Gazette, extends the 25 percent excise cut for another seven days. The previous one ran until October 11.
A liter of diesel will carry an excise duty of 55.53 dinars until October 18, and a liter of unleaded gasoline 54 dinars, under a new decision by the Serbian government in its caretaker mandate. Excise duties on oil derivatives remain cut by 25 percent.
The previous decision ran until today, October 11, so the new one extends the deadline by seven days. The amounts were published in the Official Gazette. The sources do not give the gazette issue number or the date of the government session at which the decision was adopted.
How much is the excise duty per liter until October 18?
Three types of fuel carry these amounts:
- leaded gasoline: 57.41 dinars per liter
- unleaded gasoline: 54 dinars per liter
- gas oils (diesel): 55.53 dinars per liter
The regular, uncut excise amounts are not given in the available reports. For that reason, the published figures do not show how much revenue the state forgoes per liter, or how much cheaper fuel is than it would be without the cut.
How has the cut been extended in recent weeks?
The decision is renewed week after week. According to earlier B92 reports, the extensions to September 6 and 13 carried a cut of 20 percent; for September 13, the Ministry of Finance confirmed this to Tanjug. The government then adopted a decision valid from September 14 to 20, and extended it to September 27, but those reports do not state the percentage. In the most recent weeks, up to October 4 and 11, the cut was 25 percent.
The new decision therefore keeps the percentage from recent weeks rather than raising it. Only the deadline changes, and it now expires on October 18.
What about retail prices?
An earlier article on fuel prices reported that diesel (236 dinars) and gasoline (207 dinars) were unchanged. The excise duty is only one part of that price, and the reports accompanying the new decision do not say how it will show up at the pump.
