Excise tax - a kind of indirect tax that is included in the cost of goods and, consequently, to be paid by the purchaser.
They are installed on the monopoly produced or highly profitable products.
The notion of excise duties
As a rule, the state imposes excisegoods with inelastic demand, ie independent of changes in value. This, for example, tobacco, alcohol, gasoline. This differs from the excise tax on the cost of collecting and turnover.
The objectives of the establishment of excise duties can beeconomic and fiscal. In the latter case we are talking about increasing the budget by augmentable withdrawal superprofits from manufacturers of high-margin products. Excise taxes can be established for the indirect protection of substitute products or domestic producers. For example, in beer-producing countries can be set higher excise duties on wine.
Types of excisable goods
In Russia, the number of excisable goods includes:
- Ethyl alcohol and alcohol-containing products-
- Alcoholic products-
- Tobacco products-
- Cars legkovye-
- Petrol and diesel fuel-
- Motor oils-
- Straight benzin-
- Domestic heating fuel.
The procedure of calculation and payment of excise duty
Excise taxes are recognized manufacturersexcisable goods irrespective of their form of ownership (organization or IP). Excise duties levied on turnover of the sale of excisable goods. Turnover - is the total value of sold excise goods without VAT. Date of the reverse operation is determined by the shipment or the actual payment.
The amount of excise tax payable is determined payersindependently on the basis of the value of goods and tax rates. They are paid to the budget for example, daily or quarterly. In Russia, the excise paid on a monthly basis not later than the 25th day of the month following the expired tax period. For example, in July must be paid before August 25th.
The amount is equal to the excise rate of excise duty multiplied by the tax base. The distinguished Russian firm and the combined rate on excise duty.
An example of a fixed rate - 15 p. 1 liter of beer sold. If the organization sold beer in the amount of 100 thous. Liters, respectively, the excise tax, which is payable to the budget will amount to 1.5 million rubles. (100,000 * 15).
Combined rate combines ad valorem(Interest) and fixed rate. For example, the sale of cigarette excise tax will be charged 8% of the maximum retail selling price of cigarettes sold plus 550 p. for every 1,000. If the organization sold 100 thousand. Packs of cigarettes (2 million pcs.) At a price of 40 p. per pack, it turns out the amount of excise tax payable amount (100,000 * 40 * 8% + 2000000/1000 * 550) = 1.42 million rubles.
To check the correctness of calculations of the amount of taxpayers to the tax authorities are settled excise taxes in the form and terms established by law.