- European Court of Justice issued a preliminary ruling on Romanian taxation of energy products
- Case involved a Romanian wholesale manufacturer and marketer of fuel and fuel derivatives
- Tax authorities issued a tax notice for additional excise duty and VAT for noncompliance with tax code
- ECJ ruled that EU Directives preclude domestic application of higher excise duty rate for gas oil as a penalty
- VAT cannot be applied as an additional excise duty upon reintroduction of energy products into tax warehouse without a taxable transaction for use as motor fuel
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
