These provisions are included in the new version of Section IV “Excise Taxes” of the Tax Code. The agency has completed its revision.
According to current tax legislation, electricity is not included in the list of excisable goods. Currently, excise taxes in Moldova apply to a limited range of goods, such as alcohol and tobacco products, fuel, certain types of transport, and others.
According to the new version of the Tax Code’s section on excise taxes, along with including electricity in the scope of excise taxes, the new section provides for exceptions from excise taxation, exemptions from excise taxes, and reduced rates depending on the use of energy products and electricity.
Thus, incentives will apply to the use of energy products in agriculture and forestry, construction, heating and electricity generation, certain technological processes, rail and urban electric transport, and other cases. Some exemptions will be applied through the reimbursement of previously paid excise taxes.
Excise tax rates on energy products and electricity will be adjusted annually based on the euro exchange rate for October and will apply from January 1 of the following year. For 2030, the excise tax rate for electricity used for commercial purposes is set at 10 lei per MWh.
