IMPORTANCE OF EXCISE DUTIES IN CROATIA.

Excise duties are one of the forms of indirect taxes that are mandatory in all member states of the European Union. Excise duties are a form of sales tax that is applied to one or more products. The guidelines of the European Union include that each member must introduce excise duties on energy, tobacco and tobacco products, as well as alcohol and alcoholic beverages. In the framework of this paper, we will present what products are excise duties calculated on in the Republic of Croatia and show the method of calculating them using examples. This will also show the impact of excise duties on the prices of the products to which excise duties are applied. It is known that revenues from excise duties are the revenue of the state budget of each individual European member state. Therefore, the share of revenue from excise duties in total tax revenue of the Republic of Croatia will be shown. By comparing revenues from excise duties with other tax revenues, their importance for the Republic of Croatia will be determined. In the framework of this paper, we intend to present a comparison of revenues generated from excise duties in order to determine whether there is a trend of growth of these revenues in the era of inflation. [ABSTRACT FROM AUTHOR]