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  • Oleksiy Honcharuk: Government steps up fight against illicit trafficking of excisable goods and introduces electronic excise stamp
    Communications Department of the Secretariat of the CMU, posted 12 February 2020 19:03

    From May 1, the electronic excise stamp system will be launched to protect consumers from counterfeit alcohol. The Government launched the introduction of the system at its meeting on February 12.

    “This will create a level playing field for manufacturers and simplify business by replacing paper orders with electronic ones through the e-cabinet of taxpayers. And it will help to strengthen the fight against tax evasion and reduce the shady market of alcohol,” said Prime Minister of Ukraine Oleksiy Honcharuk.

    The Government decision provides for the addition of two additional elements to the excise tax stamp on alcoholic beverages: a QR code and a barcode. These codes will encrypt the brand details. The introduction of such codes is a prerequisite for establishing a system of control over the circulation of excisable goods.

    The manufacturer will use the taxpayer's electronic cabinet to obtain excise duty, check excise duty and report. Thus, there will be no paper applications for excise marks over time.

    It should be noted that the electronic excise stamp system will be shaped on a component (modular) principle. This means that basic, initial functionality can be expanded, for example, to pay off an excise duty mark using payment transactions recorders.

    According to the Finance Minister Oksana Markarova, in conjunction with the introduction of an electronic excise duty mark for alcoholic beverages and the possibility for the population to check the excise duty mark for legality through an open database, the Ministry together with the Parliament’s line committee will shortly work on legislative initiatives on full-fledged track and trace system.

    Oleksiy Honcharuk: Government steps up fight against illicit trafficking of excisable goods and introduces electronic excise stamp