Economy

Agricultural oil: The tax return is immediately credited – Who are the beneficiaries?

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“Our decision to stand by our farmers, especially during this difficult period, is non-negotiable,” said the Minister of Rural Development, Giorgos Georgantas.

The refund of the Excise Duty (Excise Tax) is credited directly to the bank accounts of the beneficiary farmers in diesel for agricultural use.

The decision co-signed by the Minister of Rural Development and Food Mr. Giorgos Georgantas, the Deputy Minister of Finance Mr. Apostolos Vesyropoulos and the Governor of the Independent Public Revenue Authority Mr. Georgios Pitsilis, regarding the criteria that will apply to the return of the tax return, was published in Official Gazette (4485/24-8-2022/ Issue B) and the amounts to which they are entitled will be immediately credited to the farmers’ accounts. The criteria are based on KYA DEFKF A 1141582/Εξ2016/29.9.2016 of the Ministers of Finance and Rural Development and Food (Government Gazette B’3155/2016).

According to the decision, beneficiaries are all farmers whose main occupation is natural persons, who have been registered in the Register of Agricultural Holdings until July 15, 2022 and have submitted a Single Support Application for the years 2021 and 2022. As the decision provides, the amount entitled each farmer will be credited directly to his bank account, without the need to submit any supporting documents.

It is recalled that the refund amount calculated on the basis of the maximum amounts of oil consumption per farmer, depending on the acres and the type of crop or the livestock he owns, as determined by Official Gazette B 3155/2016. The amounts to be paid, following a government decision, are non-seizure and are not set off against refundable amounts owed to the State.

It is noted that the amount to be allocated is increased by 10 million euros, from 60 million euros to 70 million euros. Farmers are once again receiving the EFFK refund as it was last paid in 2016.

THE Minister of Rural Development and Food Mr. Giorgos Georgantas in his statement he emphasizes that “the government consistently implements its decisions to support citizens and especially producers in the primary sector. Our decision to stand by our farmers, especially during this difficult time, is non-negotiable. By supporting the Greek farmer, we support the Greek region and Greek society.”

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