In the government consider the introduction of excise duty on automotive tyres

As reported by a government official, tyres may get into the list of goods that the authorities are going to impose excise. “Now is discussed only three items — palm oil, sodas and tires,” he said.

Chairman of the Board of the Association of manufacturers of tyres and General Director of “NokianTyres Russia” Andrey pantykhov said he knew about the possible introduction of excise taxes on tires, this is discussed in the government. In conditions of economic crisis, when new car sales decline and the purchasing power of citizens is falling, the introduction of excise tax will lead to a new rise in prices and a further contraction of the market, he warned, this will be followed by a reduction in staff and tax revenues.

The pantykhov also noted that the car is already the excise goods and the introduction of an additional excise tax on one of its components will be redundant.

In the government consider the introduction of excise duty on automotive tyres Video: Channel

On 5 February, the newspaper “Vedomosti” published an article stating that the government decided to expand the list of excisable goods, including palm oil and soft drink. The newspaper’s sources claimed that the idea was supported by President Vladimir Putin.

Among other “harmful products” in the material of the publication mentioned products with a high content of fat and sugar on the methodology of the world health organization (who), as well as electronic cigarettes.

The idea of the government was supported by the Ministry of agriculture. Speaking at the Congress of “United Russia” the head of Department Alexander Tkachev said that counterfeit products, including with the use of palm oil is destroying the Russian food market.