EXCISES ON LUBRICANT OILS – AN INSIGHT
Lubricant oils are subject to a consumption tax, based on the provisions set forth by Leg. Decree no. 504 of 26 October 1995, called Single Text of Excises. Lubricant oils are subject to a rate of 750 Euro/1,000 kg.
Art. 61 of the Single Text of Excises establishes that the tax is due on the products released for consumption in the internal market, and that all subjects first releasing the Community products into the market are obliged to pay (for non-EU products, the consumption tax is paid directly through the importing customs document).
Fines for the non-payment of the consumption tax are rather heavy: art. 40 of the Single Text of Excises provides for incarceration between six months and three years, and a fine between double and ten times the unpaid tax, or, in any case, no less than Euro 7,746 Euro for anyone not subjecting the mineral oils to auditing or payment of the excise.
Our lubricant oil excise services include:
- Request for issuance of the Company Code
- COOU registration
- Lubricant oils excise electronic data transmission through our software
- Additives excise electronic data transmission through our software
- Consumption tax calculation and COOU
- Excise reimbursement
- Consultancy and support at the Customs Offices
Contact us now for info on our services, such as the electronic data transmission of excises on lubricant oils, petrol and additives. Our expert and qualified staff will answer to all your questions and will suggest the right solution to meet your needs.
Other excise services
Customs, Excise and VAT warehouse
By taking advantage of our Tax and Excise Warehouse, you’ll have the right place for all kinds of goods.
For systems with power over 20 KW, the AD-1 form must be submitted once a year. Find out more about our service.