The National Assembly of the Republic of Serbia adopted the Law on Amendments to the Excise Duty Law (the “Law”) at its session held on 31 August 2026. The Law was published in the Official Gazette of the Republic of Serbia No. 80/2026 as of 31 August 2026.
The Law entered into force on 31 August 2026.
The most important changes are presented below.
Change of rules for aligning excise duty amounts on certain oil derivatives
The prescribed amendments to the Law modify the rules on temporary reductions and increases of the excise duty amounts on leaded petrol, unleaded petrol and gas oils (diesel fuels) that may be imposed by the Government due to changes in crude oil prices on the world market.
In the case of an increase in crude oil prices on the world market, the limitation on the percentage up to which the temporary reduction of excise duty amounts on these oil derivatives may be imposed by the Government is abolished. On the other hand, in the case of a subsequent decrease in crude oil prices on the world market, the excise duty amount may be increased up to the level of recently published adjusted excise duty amounts aligned with the consumer price index.
It is prescribed that for the regular annual alignment of excise duty amounts on the respective oil derivatives with the consumer price index, the basis shall be the most recently published adjusted excise duty amounts, and not the temporary reduced or increased excise duty amounts due to changes in market prices.
Amendments to the Excise Duty Law adopted
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