Will drivers feel the changes in CPN? This is what they will pay on Tuesday

From Monday, March 30, the Ministry of Energy publishes announcements specifying maximum fuel prices at stations.

From the latest announcement, published this morning in Monitor Polski, we learn how much those who refuel will pay on Tuesday, June 16.

Fuel prices on June 16. There will be discounts

On June 16, the rates for individual fuels will be:

• unleaded petrol Pb95: PLN 5.97 per liter,

• unleaded petrol Pb98: PLN 6.52 per liter,

• diesel oil: PLN 6.37 per liter.

Let us remind you that the maximum fuel prices applicable today (June 15) are:

• unleaded petrol Pb95: PLN 6.04 per liter,

• unleaded petrol Pb98: PLN 6.58 per liter,

• diesel oil: PLN 6.40 per liter.

Let us recall that the government adopted a package called “Fuel Prices Lower” (CPN) on March 26. A day later, it was accepted by parliamentarians and then signed by President Karol Nawrocki. The package included, among others: reduction of the VAT rate on fuels from 23%. up to 8%, a reduction in excise duty to the minimum EU levels (by PLN 29/l for petrol and PLN 28/l for diesel), as well as the introduction of a maximum retail price for fuels. Over the past two months, the package has been extended several times, most recently until June 15. At the end of last week, a decision was made to extend the lower VAT rate on fuels until the end of June. A source close to the Ministry of Finance told PAP that there will be no extension of the excise tax reduction on some fuels. From June 16 to June 30, the maximum prices at stations set by the Ministry of Energy will continue to apply.

The regulations oblige fuel sellers to charge prices no higher than the announced limits. Exceeding the maximum price will result in a penalty of up to PLN 1 million. Inspections in this respect will be carried out by the National Tax Administration (KAS). The maximum price is set according to a specific formula. It takes into account the average wholesale price of fuels on the domestic market, to which are added, among others, excise duty, fuel fee, sales margin of PLN 0.30 per liter and VAT.

The maximum price announced by the Minister of Energy is valid from the day following its publication in Monitor Polski. If announced before non-working days and holidays, the rate will apply until the next business day.