Cabinet Regulation No. 525 of 2007 on Procedures by which a Reduced Rate of Excise Duty or Exemption from Excise Duty shall be Applied to Some Mineral Oils

This Regulation prescribes the procedures by which a reduced rate of excise duty or exemption from duty shall be applied for mineral oils, which are supplied and used according to Section 5, Paragraph five, Section 14, Paragraph 2.1 and Section 18, Paragraph one of the Law On Excise Duties, or Section 3, Paragraphs seven, eight and nine of the Law On the Application of Taxes in Free Ports and Special Economic Zones, as well as the procedures and cases when the conditions for the movement and control of excise goods provided for by law shall not be applied; the procedures, by which in accordance with Section 28, Paragraph five of the Law, individual mineral oils shall be labelled (marked), in order for Section 14, Paragraph two or Section 18, Paragraph three of the Law or Section 3, Paragraphs 8.1 and nine of the Law On the Application of Taxes in Free Ports and Special Economic Zones to be applied thereto; and the circulation of labelled (marked) mineral oils.