The Authority revealed that it has updated the electronic registration system for excise
goods to allow for adding the new products included in the amended Cabinet Decision.
said: "These amendments comes in line with the government's orientation that excise
tax policy targets consumption patterns harmful to public health, in order to complement efforts to raise awareness about the damaging effects of consumables harmful to health.
As a result of tax differences, the number of Estonians and Scandinavians buying excise
goods in Latvia has been growing in recent years, the Revenue Service informed, noting that sales of alcohol and other excise
goods have been rising in Latvia-Estonia border areas, increasing Latvia's excise
In relation to the new reporting requirements of the excise
tax, the authority urged the excise
taxable persons to comply with the new declarations and tax return forms and reporting requirements including import, produce, release from designated zones, and local purchase scenarios, which ensures increased transparency and accuracy.
The law will increase the excise
tax slapped on cigarettes from P35 to P45 per pack next year.
According to details obtained by The Express Tribune, acting excise
director general Chaudhry Masoodul Haq has briefed the secretary excise
about the proposed system through which licences for the preparation of number plates will be issued.
and Taxation Officer, Sohail Shahzad informed reporter that the motoring public bank transactions would be carried out during 9 am to 2 pm on Saturday and Sunday.
He said, "The working group has completed these requirements and is completing the remaining procedures required for automated link with the relevant government agencies to activate the systems in a timely manner according to the target timelines." "The working group concerned with the implementation of the excise
tax has prepared a guide to explain the implementation processes and procedures for taxpayers, and a brief guide on the frequently asked questions expected from the public.
"All available resources being utilized to yield better results from the performance of Provincial Excise
Department, progress underway to meet the given tax-collection target of more than 2 billion rupees." Naeem Bazai said added online Tax System would be helpful to decline corrupt practice from Excise
On January 1, Qatar officially imposed excise
taxes on carbonated drinks (50% rate) and tobacco products and energy drinks (100%), among other items that fall under "excise
goods" to limit consumption of several items, while raising government funds for public services.
FAISALABAD -- A total of Rs1.921 billion had been recovered by Excise
and Taxation Department (E and T) in Faisalabad Division by the end of second quarter of fiscal year-2018-19 till December 31.