As of this morning, prices on gas stations went up, to be adjusted to increased excise taxes.
The gas prices are now up 0.20 KM to 0.25 KM per liter.
The new law increased excise tax from 0.10 KM per liter to 0.25 KM. VAT is also added to this excise tax which means that the tax on fuel increased by 18 fenings.
When it comes to petroleum products, for which excise tax has not been paid before, they will go up by 0.25 KM per liter.
The increase in excise tax was a condition of the International Monetary Fund for the approval of funds.
Excise tax money is intended for the construction of highway.
