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184593
Thu, 05/26/2011 - 12:52
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http://m.oananews.org//node/184593
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DIESEL FUEL EXCISE TAX DECLINES TO ZERO
Ulaanbaatar, Mongolia, /MONTSAME/ Excise tax on auto and diesel fuels was reduced to zero from May 25, This decision was made at the cabinet meeting Wednesday.
The fuels are imported from the “Tsagaannuur”, “Yarant”, “Borshoo”, “Artssuuri”, “Tes”, “Burgastai”, “Gashuun sukhait”, “Shivee khuren”, “Bayankhoshuu”, “Bichigt”, “Khavirga”, “Khankh” and “Ulikhan maikhan” border checkpoints with special permission. An auto fuel with up to 90 octanes and being imported through “Zamyn-Uud”, “Ereentsav” and “Altanbulag” border checkpoints will be imposed MNT 230.000 tax per ton, whereas the diesel fuel will not be imposed.
In respect of the cabinet meeting's decision made May 11, 2011, the excise tax on oil products was declined. By May of 2011, the state has 5,200 tons of diesel fuel nationwide, enough for four days. Thus, the cabinet has made a related decision to take a measure for provision of oil products. A order has been given to D.Zorigt, the Minister of Mineral Resources and Energy, to regulate a matter on temporarily stopping a supply of fuel to thermal power stations for ten days. The Deputy Premier M.Enkhbold has been allowed to take 2,050 tons diesel fuel from the reserved fund, and to sell it to the distributors at the current retail price.
The Minister of Road, Transportation, Construction and Urban Development Kh.Battulga, and the City's Mayor have taken an order to reduce the diesel fuel consumption in the public transport. In addition, the cabinet has decided to reflect 32 billion togrog in the budget clarification to create a reserve of fuel for 20 days.
The Premier has obliged the related Ministers and heads of agencies to intensify a construction of an oil processing factory and to give report every week to the cabinet.
B.Khuder
The fuels are imported from the “Tsagaannuur”, “Yarant”, “Borshoo”, “Artssuuri”, “Tes”, “Burgastai”, “Gashuun sukhait”, “Shivee khuren”, “Bayankhoshuu”, “Bichigt”, “Khavirga”, “Khankh” and “Ulikhan maikhan” border checkpoints with special permission. An auto fuel with up to 90 octanes and being imported through “Zamyn-Uud”, “Ereentsav” and “Altanbulag” border checkpoints will be imposed MNT 230.000 tax per ton, whereas the diesel fuel will not be imposed.
In respect of the cabinet meeting's decision made May 11, 2011, the excise tax on oil products was declined. By May of 2011, the state has 5,200 tons of diesel fuel nationwide, enough for four days. Thus, the cabinet has made a related decision to take a measure for provision of oil products. A order has been given to D.Zorigt, the Minister of Mineral Resources and Energy, to regulate a matter on temporarily stopping a supply of fuel to thermal power stations for ten days. The Deputy Premier M.Enkhbold has been allowed to take 2,050 tons diesel fuel from the reserved fund, and to sell it to the distributors at the current retail price.
The Minister of Road, Transportation, Construction and Urban Development Kh.Battulga, and the City's Mayor have taken an order to reduce the diesel fuel consumption in the public transport. In addition, the cabinet has decided to reflect 32 billion togrog in the budget clarification to create a reserve of fuel for 20 days.
The Premier has obliged the related Ministers and heads of agencies to intensify a construction of an oil processing factory and to give report every week to the cabinet.
B.Khuder
