TIRANA, Aug 20 /ATA/ Excise collections during January-July this year reached ALL 34.9 billion.
According to the report on fiscal indicators published by the Ministry of Finance, excise revenues are reckoned at ALL 3 billion or 9.4% more than the corresponding period in 2023.
These revenues, according to the MoF, are 573 million ALL or 1.7% more than the excise plan for the 7 month period 2024.
The excise collections for 2024 are projected to reach 63.6 billion ALL, 5.2 billion more than in 2023.
The main factors in the projection of excise revenues are related to the increase in excise levels due to the indexation and implementation of the increase scheme for tobacco, increase in import quantities, domestic production and consumption of excisable goods such as fuels, cigarettes, alcoholic beverages, wine, beer etc., also due to the huge increase in the flow of tourists in the country, crackdown on informality, through rigorous control of excise subjects, reduction of exemptions and reimbursements from this tax.
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