ANK Global Chartered Accountants and Advisors

Excise Tax

Excise tax is an indirect tax generally levied on goods that are considered harmful to the health of the general public. The aim of the excise tax is therefore to discourage consumption of those specific goods by the general public.

It is payable by any person engaged in the activities listed below, specifically:

Importers of Excise Goods

For those importing goods subject to excise tax, compliance with tax regulations is crucial. We provide guidance and support to importers to ensure they meet their excise tax obligations seamlessly.

 

Producers of Excise Goods

Manufacturers and producers of excise goods must adhere to excise tax laws. Our expertise assists them in navigating the complex landscape of excise tax regulations and compliance.

Goods Release from Excise Tax Designated Zones

Entities releasing goods from designated excise tax zones need to understand their responsibilities. We offer clarity on compliance requirements and help streamline the process.

Warehouse Keepers

Warehouse keepers play a vital role in the excise tax ecosystem. We assist them in managing excise goods stored in their facilities, ensuring compliance with all relevant regulations.

Stockpilers of Excise Goods

In specific cases, stockpilers of excise goods have unique tax obligations. We provide guidance to ensure compliance in these situations, minimizing potential liabilities.

Excise Tax Transfers

In rare instances, the duty of excise tax may shift to another party if the original liable party fails to pay. We help navigate these exceptional cases to ensure compliance.

When you purchase excise goods within the UAE, you can rest assured that excise tax has typically been accounted for by the supplier. However, ANK Global is here to assist you with a comprehensive range of excise tax services, including

Excise Tax Registration

We are straight forward and honest in all professional and business relationships.

Excise Tax Return Filing

Our experts streamline the process of filing excise tax returns, ensuring accuracy and timeliness.

Excise Designated Zone Registration

If your business operates within designated zones, we guide you through the registration process.

Excise Compliance Services

Compliance is our priority, and we assist you in staying fully compliant with excise tax regulations.

Excise Product Registration

We facilitate the registration of excise goods, ensuring all necessary documentation is in order

At ANK Global

At ANK Global, we are committed to simplifying excise tax matters for your business. Our expertise and dedication ensure you can navigate the world of excise tax with confidence. Contact us today to explore how we can assist you with your excise tax needs.