Металлурги хотят вдвое повысить минимальную планку для нулевого акциза на сталь from

Russian metallurgists propose doubling the minimum threshold for zero excise tax on steel

Metallurgical companies propose raising the minimum threshold for zero excise tax on steel products to 300,000 tons per year

The Russian Union of Industrialists and Entrepreneurs (RSPP) sent a letter to Prime Minister Mikhail Mishustin with a proposal to increase the minimum volume of steel production, giving the right to a zero excise tax, from 150,000 to 300,000 tons per year.

The letter notes that "the current minimum threshold for zero excise tax on steel products is 150,000 tons per year, which was set in 2019. At the same time, in recent years, there has been a trend towards a decrease in the volume of steel production in the Russian Federation."

The industry claims that the increase in the minimum threshold for zero excise tax on steel will help to support domestic producers

According to the RSPP, the increase in the minimum threshold for zero excise tax on steel will help to support domestic producers, as it will reduce the tax burden on them and increase their competitiveness in the domestic and foreign markets.

The proposal of the RSPP is supported by the Ministry of Industry and Trade (Minpromtorg) of Russia. The Ministry notes that "the increase in the minimum threshold for zero excise tax on steel will contribute to the development of the domestic steel industry and increase its competitiveness in the global market."

Experts believe that the increase in the minimum threshold for zero excise tax on steel will have a positive impact on the Russian economy

Experts believe that the increase in the minimum threshold for zero excise tax on steel will have a positive impact on the Russian economy. In particular, it will lead to an increase in steel production, an increase in tax revenues to the budget, and a decrease in prices for steel products for consumers.

The proposal of the RSPP and the Ministry of Industry and Trade is currently being considered by the Russian government. A decision on this issue is expected to be made in the near future.