UAE VAT Update: Stockpiling of Excise Goods
UAE VAT Update: Stockpiling of Excise Goods What is an Excise Tax? An excise tax is a type of indirect tax which is imposed on the sale of a particular commodity. They are taxable, as set out in the Federal Decree-Law No 7 of 2017 on Excise Tax (“Excise Tax Law”) if they are: [...]