The State Duma has adopted amendments regarding subsidies for… (бензин · топливо · рынок)
The State Duma has adopted amendments regarding subsidies for imported gasoline. The amendments introduce a tax mechanism using excise duties on automobile gasoline produced by blending straight-run gasoline with other components.
Consensus
- The State Duma approved amendments to the Tax Code to stabilize the domestic fuel market
- Subsidies for gasoline imports will be adjusted based on import source
- The amendments include changes to the demping mechanism for fuel imports
- The changes will affect the calculation of subsidies for imports from EAEU countries and non-EAEU countries
- The amendments will take effect retroactively from June 1, 2026
Points of divergence
- The subsidy coefficient for EAEU imports will be increased from 0.68 to 0.9 — vesti
- For non-EAEU imports, compensation will be tied to the average indicative price of AI-92 gasoline on the Indian market and delivery costs from Indian ports — vesti
- The law also allows production of AI-92 and higher grade gasoline by mixing straight-run gasoline with other components, which will be counted toward total fuel production for reverse excise purposes — vesti
- The law extends the term of agreements between oil refineries and the government for modernizing refineries until the end of 2026 — vesti
- Companies must now invest at least 100 billion rubles in new equipment to qualify for investment bonuses, up from 60 billion rubles previously — vesti
- The amendments introduce a mechanism for taxing gasoline produced by mixing straight-run gasoline with other components — interfax
- Taxpayers with oil processing certificates will receive an excise refund for the portion used in producing high-octane gasoline — interfax
- The excise payment deadline is extended to 28th of the third month after the tax period — interfax
- The demping mechanism for authorized organizations selling imported gasoline will be adjusted — interfax
- For EAEU imports, the KAB_KOMP coefficient will be set at 0.9 starting June 1, 2026 — interfax
- For non-EAEU imports, the KDEMPS (dempfer) value will be determined based on Indian market prices and delivery costs, calculated by FAS — interfax
Coverage (3 sources)
- State Duma approves amendments on subsidies for imported gasoline — Вести
- State Duma Supports Amendments to Ensure Domestic Fuel Market in Russia — Вести
- Source reports on prepared tax changes for the fuel market — Интерфакс