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G. Georgantas: The return of the Special Consumption Tax on agricultural oil within August

The return of the Special Consumption Tax for the oil they consumed in the first half of 2022 for their crops is accelerated, for the beginning of August, to the mainly farmers.

The government, having secured the budgetary space and the technical possibility, will pay in August, instead of November, the return of the EFK for the agricultural oil.

The amount payable will be calculated based on the total cost of purchasing oil from the beginning of the year until 30/6/22 and with a maximum rate per acre for each crop or farm, as formulated in the IACS declaration of 2021.

However, a prerequisite for receiving the aid is that an IACS declaration has been submitted for the year 2022 by the beneficiaries, in order to ensure that there is cultivation during the current period.

The cost of the support measure is estimated at 60 million euros.

At the end of November, a new calculation will follow for the return of the EFK, which will concern the purchase of agricultural oil from June onwards.

Details of the application process will be announced in July, when eligible farmers will be able to submit their applications on a special platform that will be developed.

It is reminded that the following still applies to farmers:

– The continuation of the implementation of the subsidy measure 15 minutes per liter in the pump for diesel fuel in agricultural machinery (estimated cost 115 million), until September.

– The reduction of VAT on animal feed and fertilizers, while at the same time

– Farmers enjoy all the measures that apply to the general population.

In addition, targeted support measures will be announced in July with the payment of 100 million from EU resources (Crisis Reserve and transfer from Pillar II of the CAP). The specific aid will be paid as planned, until October 30, 2022.

The Minister of Rural Development and Food, Mr. George Georgantas, on the occasion of the announcement of the new measures stated the following: “The support we offer to our farmers is a political choice of the government, which contributes to strengthening the cohesion of Greek society, as we ensure food adequacy of our country.

At the same time, it is an investment for our economy as the primary sector contributes more and more, every year, to GDP, but, at the same time, through the excellent quality of our products, it supports the largest industry in the country, tourism.

The government stands by our farmers.

We have pledged that no one will be left alone in the face of the crisis and we live up to that commitment.

“We will continue to support our producers within the budgetary capabilities of our economy, recognizing that the primary sector can make a decisive contribution to shaping a better tomorrow for all Greeks.”

Source: Capital

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