By the Government Decision, published in the Official Gazette of the Republic of Serbia, No. 12 of February 6, 2026, the adjusted dinar amounts of excise duties have been announced. The adjustment was carried out in accordance with the annual consumer price index for 2025, pursuant to the Excise Duty Law.
In 2026, in line with the 2025 consumer price index, excise duties will increase in the range of 2.69%–2.71%, depending on the type of product, compared to the adjusted excise duties applicable in 2025. An exception applies to the prescribed excise duty reductions for specific purposes (e.g., motor fuel used for passenger and freight transport, agriculture, energy production, etc.).
The new prescribed excise duty amounts will apply as of February 15, 2026.
Product categories affected by the excise adjustment:
Petroleum products and energy products:
- Leaded and unleaded petrol, gas oils (diesel), kerosene, LPG and other petroleum derivatives;
- Biofuels and bioliquids, natural gas (for propulsion and heating), compressed natural gas;
Alcoholic beverages:
- Spirits, low-alcohol beverages and beer;
Coffee and coffee products:
- Unroasted and roasted coffee, coffee extracts, concentrates, coffee substitutes, beverages containing coffee;
Tobacco and related products:
- Cigars and cigarillos, nicotine pouches.
The increase in excise duties will lead to higher costs in the energy sector, which will be reflected in the transport, logistics, and manufacturing industries. With respect to fast-moving consumer goods (coffee, alcohol, tobacco), the increase in excise duties is expected to result in higher retail prices of these products.
For additional information or consultations, the Tasić & Partners team is at your disposal.