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Next year will start with a wave of increases. The political shock triggered by the collapse of the coalition was decisive for next year's prices of the excisable products. We will take out of our pockets more money for fuel, electricity, cigarettes, food and all other excisable products. With the exception of the luxury products, which will be exempted from excise duties. Thus, from early next year, the most important products will have higher prices, no matter who the president or the prime minister will be. To cover the cost of the excise duty, the Romanians will pay approximately 14% more, because excise duties will be 14.2% higher than last year.
According to the Fiscal Code, the excise duty for 2010 is calculated at the euro quotation displayed by the European Central Bank on 1 October 2009. Thus, the excise duties will be calculated at a rate of approximately 4.2688 lei for one euro, as against 3.74 lei this year.
The highest increases will be in cigarettes, because the raise in the excise duty from 64 to 74 euros per thousand cigarettes will also add to the euro growth. The price for a cigarette pack will reach 10 lei, given that the excise duty will increase by 1.5 lei to 6.29 lei. Also from 1 January, prices will increase on electricity and motor fuels, but the price increase will be much lower in percentage than for cigarettes. "The biggest increases will be registered on cigarettes, about 34%, due to the raise in the excise duty from 64 to 74 per thousand cigarettes and the difference of about 14% between the rate at which the excise duty was calculated this year and the rate taken into account for next year, " the manager of the indirect taxes and duties department within PricewaterhouseCoopers also pointed out.
The increase in fuel prices will result in further increases in a cascade effect. The excise duty on unleaded petrol will increase by 16 euros per ton next year, to 452 euros / ton. Similarly, the excise duty on diesel will increase in 2010 from 336 to 347 euros per ton, respectively from 283.920 to 293.215 euros/1.000 litres. In addition, a normative project under debate at the Transport Ministry introduces a new exchange rate for the taxes to be levied next year on freight cars. The rate will be of 4.2688 lei / euro in 2010, after these charges were calculated at 4.09 lei / euro, in 2009.
Expressed in lei, taxes on trucks will increase from 86 to 106 lei for the lowest category, and from 1853 to 3966 lei for the group with the highest fees. This increase will be reflected in the rates the carriers will charge and, further, in the final prices of the transported goods, as representatives of the companies in the fields concerned told us.

 

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