Guarantees

All operators who are equipped with a fiscal warehousing authorization must deposit a guarantee calculated by the supervising customs office to cover the potential risks in the area of excise.

The approved depositor is required to provide a guarantee at 100% of the excise duty value of stored products.

The guarantee amount for approved depositors should be 5-15% of the excise duty on products produced during the previous year or for the operators who apply for the first time for fiscal warehouse authorization shall be 5-15% of excise duty of the production envisaged to be produced during one year.

For detailed information refer to the following legal basis.