CZECH: Distillers get cold shoulder on duty stamp compensation claim
Distillers in Czech have demanded compensation for the costs they will accrue from having to put new excise duty stamps on their bottles.
Around CZK15m (US$752,000) is being requested from the country's finance ministry. The stamps have been introduced following 35 deaths in the country this summer from spirits tainted with industrial methanol.
The country’s Deputy Minister of Finance, Ladislav Mincic, said last week that the compensation claim from distillers is unrealistic, and that the state does not plan to compensate producers for the now-invalid old stamps, either.
Distillers will take cold comfort, however, from the concession from the Government that allows them to delay payment of excise duty and VAT as they deal with the introduction of the new stamps.
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