The government reduces excise duty cuts. A full tank of fuel will cost more

From 1 December A full tank of fuel will cost more. The Council of Ministers, while approving the new budget law, approved the following:Decree-law establishing urgent measures on excise duties, value added tax on fuel and support for local authorities and the Marche regions affected by exceptional weather events“.

Therefore, the government intends to reduce the discount on excise fees, which the previous government had decided to introduce to limit increases in fuel prices. Based on the text of the draft submitted to the Cabinet, there will be a reduction in taxes on gasoline and diesel by 25 cents plus VAT (the “famous” reduction of 30 cents or more specifically 30.5 cents) 15 cents plus VAT of 18.3 cents. For LPG, on the other hand, it goes from 8.5 cents + VAT to 5.1 cents + VAT.

The new reduction will take effect At least until December 31. After that, it will be up to the government to decide whether to extend this measure again or cancel the reduction in excise duty altogether. This is news that motorists will definitely not like. However, we learned that the cuts were a temporary measure rather than a final measure. So, it could have been over.

The Council of Ministers, on the proposal of President Giorgia Meloni and Minister of Economy and Finance Giancarlo Giorgetti, approved a decree-law introducing urgent measures regarding excise duty, value added tax on fuel and support for regional bodies and territories affected by exceptional weather events. The text reformulates the subsidized excise rates and confirms the suspension of the application of the excise tax until November 30, 2022 on so-called “commercial diesel”.

So, starting December 1, 2022, there will be an increase of 10 cents plus VAT on the price of gasoline and diesel. How much does a full tank cost today? According to the latest data from Quotidiano Energia, the National average price of gasoline In self-service mode it is equal to 1.705 euros per liter, with various brands between 1.692 and 1.707 euros per liter (without logo 1.707 euros per liter).

Regarding, however, Diesel is in autonomous modeThe average shipping price is 1.813 euros per liter, between 1.794 and 1.837 euros per liter (without logo 1.808 euros per liter). When in demo mode, the average petrol price is €1,852 per liter, and the prices for the color systems range between €1,784 and €1,907 per liter (without the logo, €1,762 per liter). On the other hand, the diesel offered costs 1.957 euros per liter, and the prices of the companies’ point of sale range between 1.885 and 2.012 euros per liter (without logo 1.861).

LPG prices range between 0.772 and 0.785 euros per liter (0.758 euros without logo). Finally, the average price of methane for cars ranges between 2.041 and 2.423 euros (without the emblem 2.118 euros).

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