State budget earned RSD 160 billion from excise duties on fuel last year  

State budget earned RSD 160 billion from excise duties on fuel last year

State budget earned RSD 160 billion from excise duties on fuel last year

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The state earned more than RSD 160 billion from excise duties on fuel last year. The majority was earned from excise duties on eurodiesel, more than RSD 120 billion, the Association of Oil Companies of Serbia data shows. Comparative analysis shows that Serbia has the highest excise duties on eurodiesel by far - EUR 726 per 1,000 litres, while North Macedonia has the lower - EUR 421 per 1,000 litres. This is nearly double compared to 2012. Income from these excise duties was more than EUR 80 billion eight years ago. Income from excise duties mostly increased since then. 

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