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Ten ways companies can reduce their energy and gas costs. What are the acquittals and exemptions from the payment of excise duties that I can apply

Ten ways companies can reduce their energy and gas costs. What are the acquittals and exemptions from the payment of excise duties that I can apply

Authors: Mihai Petre, Director, Customs Consulting and Daniela Neagoe, Senior Manager, International Trade, EY Romania

Inflation reached two figures earlier than expected - 10%, with gas prices rising by 46%. The pressure on costs, both for economic agents and for final consumers, is increasing. In other words, it is time to remind economic agents that there are certain situations clearly provided for by both European norms - the Excise Directive, but also by our legislation (Fiscal Code), in which they can apply for  acquittals or  exemptions from the payment of excise duties for energy products (diesel, gasoline), gas, electricity and thus can optimize costs. What are these and how should companies proceed?

For more information, please see the Romanian version of the article, here.

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ERNST & YOUNG SRL