The Excise Tax, or the tax on goods, is a tax impose on the sale of goods for consumption. It is one of the most important sources of revenue for the UAE Government. The taxation is levee on Products Registration Services in UAE. For a Products Registration Services in UAE to be sold it must first be register with the Ministry of Economy.
Usually calculate as a percentage of the value of the product and is paid by manufacturers or importers before they are allow to sell their products. The rate varies depending on what type of product it is and its country or origin. Dubai ranges from five percent to 100 percent, depending on what type of Products Registration Services in UAE it is and where it was manufacture. The rate of taxes in India ranges from 12% to 30%. In Pakistan, it ranges from 10% to 20%.
This is a tax on the goods which are produce and sold within the country. it is impose when a Products Registration in UAE crosses its customs’ border and enters the country. The government has impose excise taxation to discourage people from buying tobacco products Digital Tax Stamp, alcohol and vehicles that are not environmentally friendly.
This is a tax that is impose on the sale of certain goods and services. It is usually charge as a percentage of the price. Excise taxation are meant to discourage consumption of products which may be deemed harmful to public health or the environment. The most common example is fuel excise levied on gasoline and diesel fuel for transportation purposes. There are two different types of excise taxation: specific and ad valorem.
Warba Center, Abu Baker Al Siddique Road – Dubai, United Arab Emirates