Provisions on Excise-Stamp Payment Postponements for Producers and Importers of Excise Goods Updated

In order to provide further legal certainty and to improve services within the excise sector, the Minister of Finance (“ Minister ”) has issued Regulation No. 74/PMK.04/2022 on Payment Postponements for Producers and Importers of Goods Subject to the Imposition of Excise and Who Implement Excise Settlements Through the Attachment of Excise Tapes (“ Regulation 74/2022 ”). [1] In essence, Regulation 74/2022 updates the legal framework for excise-payment postponements (“ Postponements ”) for producers and importers of goods that are subject to the imposition of excise (collectively referred to as “ Excise Subjects ”) and who settle their excise obligations through excise tapes. These matters were previously addressed under Regulation of the Minister No. 57/PMK.04/2017 , which was amended several times, most recently through the issuance of Regulation of the Minister No. 93/PMK.04/2021 (collectively referred to as ” Regulation 57/2017 ”) and which has now been repealed and replaced. [2]