Decree No. 370 / 2003 Coll.
Order setting out the conditions and formalities for proving the facts relevant for the assessment of an application for a reduction of excise duties or for waiving such payment
Valid
Order
Effective from 04.11.2003
Text versions:
04.11.2003
370
DECLARATION
of 29 October 2003
laying down the conditions and formalities for demonstrating the facts relevant for the examination of an application for a reduction of excise duty security or for waiving it
The Ministry of Finance provides pursuant to § 139 (1) for the implementation of § 21 (9) and (14) of Act No 353 / 2003 Coll., on excise duties:
Demonstration of financial stability, performance of payment obligations and ability to meet commitments
(1) An application for a reduction in or waiver of excise duty is accompanied by:
(a) proof that the applicant does not have a arrears registered by the tax office or a sickness insurance, social security and contribution to the state employment policy; the document must not be more than 30 calendar days old on the day on which the application is lodged;
(b) the accounts and, where appropriate, an overview of the assets and liabilities and an overview of the applicant's income and expenditure in the system of simple accounting for the last two financial years preceding the accounting year in which the application was received by the customs office.
(2) In addition to the documents referred to in paragraph 1, the following additional documents shall be submitted if they were not part of the accounts:
(a) an overview of the cash flows;
(b) an overview of loans and loans provided, including maturity and interest rates;
(c) an overview of concluded lease contracts;
(d) an overview of the assets encumbered by the lien;
(e) bank references; and
(f) an overview of insurance contracts indicating the type of risk and the amount of insurance.
(3) In order to demonstrate financial stability, performance of payment obligations and ability to meet commitments, the applicant may also submit additional documents.
(4) On the basis of the documents submitted pursuant to paragraphs 1 to 3, the Customs Directorate shall carry out an analysis assessing the basic ratios of profitability, liquidity and financial stability. On the basis of a financial analysis, it shall assess the applicant's ability to fulfil payment obligations and to comply with its obligations.
Proof of fiscal reliability
Tax reliability shall be assessed by the Customs Directorate on the basis of the applicant's tax returns submitted during the year in which the application was lodged and during the two years preceding that.
Efficacy
This decree shall take effect on the day of its publication.
Minister:
Sobotka v. r.
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Regulation Information
| Citation | Decree No. 370 / 2003 Coll., laying down the conditions and formalities for the demonstration of the facts relevant for the examination of an application for reduction of excise duty security or for waiving it |
|---|---|
| Regulation Type | Order |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 04.11.2003 |
|---|---|
| Effective from | 04.11.2003 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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