Act on Consumption Tax on Mineral Oils

(Act No. 239/2001 Coll. on Consumption Tax on Mineral Oils)

This regulation introduces a new type of consumption tax into the system of indirect taxes in the legal system of the Slovak Republic, by which up-to-now existing consumption tax on hydrocarbon fuels and oils (Act No. 316/1993 Coll., as amended) is replaced.

Measures of the first and partly also the second phase of consumption taxes harmonisation according to the White Book in accordance with the respective directives of EU are reflected by the act.

The object of tax are mineral oils produced on or imported to the territory of the Slovak Republic. The act precisely stipulates what is meant under 'mineral oil' for its purposes.

A tax base is the amount of mineral oil expressed in litres or kilograms. A tax rate depends on the sort of mineral oil. A tax period is a calendar month. This tax is administrated by a relevant local Customs Office.

The act introduces a mechanism of operation of tax warehouses in the regime of tax suspension conditioned by provision of tax guarantee and control of circulation of goods through an accompanying document and consistent records keeping allowing the control of production, import, circulation and consumption of mineral oils.

In case of breach of provisions of the act on consumption tax on mineral oils, the Customs Office is authorised to impose a penalty on a legal entity or an individual varying from SKK 100 000 to SKK 500 000. If tax declarations were not submitted in time, the Customs Office may impose a penalty up to the amount of SKK 5 000 and if tax declarations are not submitted in the additional time period determined by the Customs Office a penalty up to SKK 200 000, but at least SKK 10 000, shall be imposed.

The Act No. 316/1993 Coll. on consumption tax on hydrocarbon fuels and oils, as amended, is hereby cancelled.

This act is in force from 1 July 2001, apart from certain provisions stipulated by the act, which will become effective from 1 January 2002.

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