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Generic Tax Name Excise duty (Non EU harmonised excises)
Tax name in the national language Φόροι Κατανάλωσης
Tax name in English Excise Duties
Member State CY-Cyprus
Tax in force since 2004/05/01
If abolished, date on which the tax ceases to apply
Business version date 2015/01/01
Version date 2015/02/17
This file was last updated on

Type of tax
Direct taxes Personal income tax
Corporate income tax
Other

Indirect taxes VAT
Excise duty (EU harmonised)
Alcoholic beverages
Energy products and electricity
Manufactured tobacco
Other

Social security contribution Employers
Employees
Other
 
Legal base

The Excise Duties Law No. 91(I)/2004.

 
Who sets
The tax rate is set by




The tax base is set by




The reliefs are set by




Comments
 
Beneficiary





Comments

 
Geographical Scope

Republic of Cyprus.

 
Taxpayers

Includes mainly the following natural or legal persons:

  • in relation to the holding of goods under suspensive arrangement, the person who releases or on whose behalf the excise goods are released from the suspensive arrangement;
  • in relation to the holding of excise goods outside suspensive arrangement, any person holding the excise goods;
  • in relation to the manufacture of excise goods, any person involved in the manufacture;
  • in relation to importation, the person who declares the goods upon importation or any person involved in the irregular importation.
 
Tax object and basis of assessment

Covers: smoked salmon, caviar and articles of crystal.

 

Basis of assessment

  • Smoked salmon: by kg
  • Other products: ad valorem on dutiable value.
 
Deductions, Allowances, Credits, Exemptions

Exemptions

Exemptions are provided for all excisable goods in respect of diplomatic and consular relations, International organizations, etc.

 
Rate(s) Structure

Product

Excise duty rates

1.Smoked salmon and smoked sturgeon (including fillets).

€ 5.13 per kilogram

2.Caviar and caviar substitutes except those used in the manufacture of taramas.

30% ad valorem

3.Articles of crystal which fall within CN Codes 7010, 7013, 7018 and 9405, with a lead monoxide (PbO) content by weight 24% or more and articles made of porcelain which fall within CN Codes 6913 and 6914.

20% ad valorem

 
Tax due date

Excise duty is due at the time of release of goods for consumption or when shortages are recorded which must be subject to excise duty.

 
Tax collector

The Department of Customs and Excise.

 
Special features

 
Economic function







Comments
 
Environmental taxes



Comments
 
Tax revenue
ESA95 code d214ai + d2122dj + d2122dk

Year
Annual tax revenue (millions)
Currency
Tax revenue as % of GDP
Tax revenue as % of total tax revenue
2012 0.29 EUR 0.00
2011 0.62 EUR 0.00
2010 2.80 EUR 0.01
2009 2.93 EUR 0.02
2008 0.50 EUR 0.00
2007 6.90 EUR 0.04
2006 7.80 EUR 0.05
2005 7.70 EUR 0.05
2004 7.70 EUR 0.06
2003 7.80 EUR 0.06
2002 6.80 EUR 0.06
2001 6.90 EUR 0.06
2000 6.20 EUR 0.06

Comments