Topic 6 Excise Tax yes something about tax and taxation

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1. TASHKENT STATE UNIVERSIT Y OF ECONOMICS THE DEPARTMENT OF TAX AND TAXATION Subject: “Taxes and taxation” Topic 6 : Excise tax

2. Lecture Outcomes 1. The economic essence of the excise tax. 2. Payers, the object of taxation, and the procedure for calculating the taxable base. 3. Tax rates. 4. The procedure for submitting calculations and the deadlines for paying tax.

3. The economic essence of the excise tax An excise is an indirect tax. Excise tax is paid to the budget by business entities, but the actual payers are buyers of excisable goods (services). Excisable products are products manufactured both on the territory of Uzbekistan and abroad. Excisable products are not essential goods, they are in constant demand and often have harmful consequences for the end consumer. In particular, excisable goods include alcohol, cigarettes, gas, diesel fuel, jewelry.

4. Payers of excise tax are legal entities:

5. The following are also recognized as taxpayers:

6. The following operations are subject to excise taxation:

7. sale of excisable goods is

8. The tax base

9. Date of taxable transactions with excisable goods

10. Adjustment of the taxable base of the taxpayer is made in the following cases:

11. The list of excisable goods (services) and tax rates for them are approved by the Law on the State Budget of the Republic of Uzbekistan Tax rates are set as a percentage of the cost of a good or service (ad valorem), in absolute terms per unit of measurement in physical terms (fixed), as well as combined, consisting of ad valorem and fixed tax rates.

12. No. Types of tobacco products tax rates when importing for produced one. Cigarettes with filter, without filter, cigarettes, cigarillos ( cigarites ), bidis , kretek 360,000 sum / 1,000 pieces + 10 percent from January 1, 2022: 185,000 soums / 1,000 pieces + 10 percent from June 1, 2022: 203 500 sum / 1 000 pieces + 10 percent 2. Cigar 5 200 sum /1 piece 3. Tobacco for hookah 310 000 sum / kg * four. Smoking tobacco, pipe 310 000 sum / kg 5. Tobacco chewing, snuffing and sucking 310 000 sum / kg 6. Heated tobacco stick, heated tobacco capsule and other tobacco-containing products with a similar principle of use 310 000 sum / kg 7. Nicotine tobacco-free snus 125 000 sum / kg eight. Nicotine liquid (in cartridges, reservoirs and other containers for use in electronic cigarettes) ** 550 sum / ml

13. No. Types of alcoholic products tax rates when importing for produced (for 1 dal of finished products) from January 1, 2022 from June 1 2022 one. Rectified ethyl alcohol from food raw materials, technical rectified ethyl alcohol from the etheraldehyde fraction and the head fraction of ethyl alcohol 70% 13 500 sum 14 900 sum 2. Vodka, cognac and other alcoholic products 45 000 sum/liter 125 100 sum 138 000 sum vodka, cognac and other alcoholic products with an alcohol content of more than 40% by volume 63 000 sum/liter 206 700 sum 228 000 sum 3. Wine: natural wines of natural fermentation (without the addition of ethyl alcohol) 31 500 sum/liter 1 sum other wines, including vermouth 45 000 sum / liter 18 000 sum 19 800 sum four. Beer 50%, but not less than 13,500 sum / liter 12 600 sum 13 800 sum

14. No. Name of goods (services) tax rate from January 1, 2022 from June 1, 2022 one. Oil products: AI-80 240 000 sum/ton 275 000 sum / ton AI-90 and above 275 000 sum/ton 275 000 sum/ton jet fuel (excluding synthetic) 200 000 sum/ton 220 000 sum/ton diesel fuel (excluding synthetic) 240 000 sum/ton 264 000 sum/ton diesel fuel ECO (excluding synthetic) 216 000 sum/ton 237 600 sum/ton engine oil for diesel or carburetor (injection) engines 340 000 sum/ton 374 000 sum/ton 2. Polyethylene granules ten% 3. Natural gas, except for imported to Uzbekistan twenty% four. Implemented to the end user: petrol 350 soums per 1 liter / 465 530 soums per 1 ton 385 soums per 1 liter / 512,000 soums per 1 ton diesel fuel 350 soums per 1 liter / 425,918 soums per 1 ton 385 soums per 1 liter / 468,000 soums per 1 ton liquefied gas 350 soums per 1 liter / 665,493 soums per 1 ton 385 soums per 1l/730,000 soums per 1 ton compressed gas 500 soums per 1 cubic meter 550 soums per 1 cubic meter 5. Mobile services fifteen% 6. White sugar without flavoring or coloring additives twenty%

15. 5. Mobile services fifteen% 6. White sugar without flavoring or coloring additives twenty%

16. Tax payment procedure

17. Labeling of excisable goods with excise stamps Produced in the territory of the Republic of Uzbekistan, as well as imported into its customs territory, tobacco products and alcoholic beverages are subject to mandatory labeling with excise stamps in the manner established by the Cabinet of Ministers of the Republic of Uzbekistan

18. Excise tax calculations : The calculation of excise tax in respect of goods taxed at ad valorem rates is determined by the following formula: About x A/100, where О - taxable turnover; A is the excise tax rate. The calculation of excise tax in respect of goods taxed at fixed rates is made according to the formula: B x A / 100, where: B - the number of goods; A - excise tax rate per unit of goods.

19. Tasks #1 The company produces wine and vodka products. During the reporting period, 10,000 decaliters were sold. vodka with a volume content of ethyl alcohol up to 40%. What is the amount of excise tax charged? #2 The enterprise sold 5 thousand decaliters. cognac with a volume content of ethyl alcohol of 42%. What is the amount of excise tax charged? Number 3 The company imported 7,000 bottles of 0.5 liter vodka. The excise tax rate is 7 US dollars per 1 liter. The dollar exchange rate at the time of registration of the customs declaration - $ 1 = 10200 sum . Determine the amount of excise tax. #4 The enterprise imported a batch of cigarettes of 30,000 blocks of 20 packs in one block. Dollar exchange rate at the time of customs declaration: 1$ = 10200 UZS Excise tax rate 10$ per 1,000 packs. Determine the amount of excise tax.

20. Thank you for your attention Questions