New “fuel package” brought in PLN 600 million in November – Ministry of Finance
14:54
One of the government’s so-called “tools in the effective fight against criminals” garnered more than PLN 600 million in tax revenue last month, according to a statement from Deputy Finance Minister Wiesław Jasiński. “From August to the end of November a package of fuel added to the budget more than PLN 600 million,” he said during a session in the Polish Parliament.
At the beginning of August an amendment to the VAT Act – the Energy Law and the Law on stocks of fuel – came into effect. The purpose of enacting the law, according to the government, was to secure the accurate collection of VAT – combating the illegal importing of fuel from abroad. Specifically, the amendment aims to trace the collection of VAT on fuel transactions within the EU, and to accurately license sales of fuels from abroad. According to the government, the new measures will benefit domestic producers of fuel.