What Do Amendments to the Law on Excise Bring?
The Law amending the Law on Excise (Official Gazette of RS, no. 53/2021) entered into force on 5 June 2021 and its novelties refer to the excise for alcoholic beverages. The reason for amendments of the law was harmonisation with the European Union regulations, i.e. its directives that regulate the field of spirits and excise taxation of this category of beverages. Alcoholic beverages, in terms of this law, are being considered: drinks that are, depending on the raw material they are produced from and ethanol content, traded as such type of beverages under the regulation on quality and other requirements for...