Excise Tax UAE
Excise Tax Law will apply to the following goods:
- Carbonated drinks (50%)
Carbonated drinks are those beverages that have carbon dioxide dissolved in them. Examples of these are Pepsi, Coca-Cola, Fanta, etc. Other things such as concentrations, powder, gel, or extracts that produced for concocting them into carbonated drinks also covered in the list. However, the exception for this is the flavored water.
- Tobacco products (100%)
Schedule 24 of the GCC Common Customs Tariff has all the entries that encompassed tobacco and tobacco products.
- Energy drinks (100%)
Energy drinks are those products that marketed to have physical and mental enhancement. These drinks have stimulant drugs that increase alertness. The following comprises the list of energy drinks: caffeine, taurine, ginseng, and guarana. The products with the same effects as the precedents also considered as one.
Other things such as concentrations, powder, gel, or extracts that produced for concocting them into energy drinks also covered in the list.
FAQs about Excise Tax:
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