The Cabinet issued Decision No. (37) of 2017 on the Executive Regulation of the Federal Decree-Law No (7) of 2017 on Excise Tax. The law outlines provisions with regards to liability to tax, tax registration and exception methods, rules of tax payment, in addition to details on exemption for selective goods.
The law also outlines the rules towards designated zones, mechanism of calculation of due tax, tax returns, tax period and payment of tax. In addition, it specifies the rules related to other tax refund, requirements on for keeping tax record as well as the repeal of conflicting provisions. The decision shall be implemented as of 1st October 2017 and shall be published on the Official Gazette.
Cabinet Decision No. (37) of 2017 on the Executive Regulation of the Federal-Law no (7) on the Excise Tax