excise tax Archives - Bestwins Law Corporation UAE

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: [...]

UAE VAT Update: Excise Goods, Excise Tax Rates and Methods of Calculating the Excise Price

Bestwins Law UAE2021-01-05T10:37:43+04:00January 19th, 2020|Categories: Lexwins is the knowledge portal covering the latest legal news and updates|Tags: bestwins law, calculate excise tax uae, excise law, excise rate, excise tax, excise tax rates uae, uae excise, uae laws|

UAE VAT Update: Excise Goods, Excise Tax Rates and Methods of Calculating the Excise Price Introduction Excise Tax was first introduced in the U.A.E in the year 2017 by Federal Decree-Law No 7 of 2017 on Excise Tax (“Excise Tax Law”) and the Cabinet Decision No. (37) of 2017 on the Executive Regulation [...]