Sygnity Group is to equip the Power Plant Warsaw Terrain joint-stock company (Zakład Energetyczny Warszawa Teren SA) and the Hydro-Electric Power Stations Complex Dychуw joint-stock company (Zespуł Elektrowni Wodnych Dychуw SA) (PEG) in a product called Akcyza (Excise). The application is intended to support a complete register of electric energy in companies for taxation purposes.

The companies of Sygnity Group – Sygnity SA and WINUEL SA – have signed contracts with the Power Plant Warsaw Terrain joint-stock company and the Hydro-Electric Power Stations Complex Dychуw joint-stock company respectively to implement their self-developed application Akcyza. Sygnity Group will provide the clients with application licences and the installation version, they will implement the solution and conduct trainings for the companies’ employees.

The application will enable the subjects to gather and process information required by bequests of the excise tax act obtained from various source systems and balance energy flows for the excise purposes. Any changes in data will be registered in the track record of changes. The application prepared by Sygnity Group makes it possible to prepare an electronic copy of the register which is delivered with a detailed user’s manual, in accordance with the regulation requirements.

The Excise Tax Act

Since 1st March 2009 all subjects selling energy to final receivers and using energy (holding or not a licence of energy trade) have had to produce evidence of a complete register of electric energy for tax purposes. Excise tax was moved from the producer to the final receiver, therefore energy enterprises and industrial enterprises buying energy not only for their own use have to calculate excise from the electric energy sold to final receivers and used for own purposes, as well as keep a regular accurate register of the amounts of energy produced, bought, sold, lost or used for their own purposes.

Such enterprises will have to provide current information on energy flows upon each request of a customs house chief. In other words, it is necessary to keep the register in a constant way, enabling identification of conducted operations, in particular related to electric energy trade. In accordance with the Ministry’s of Finance interpretation, a tax payer should keep one, consistent register that can be complemented from various sources, including other IT systems. All useful data have to be registered in one program.