commissioner has sought a report on the matter, and directed all deputy excise
commissioners to send a report within three days.
1 this year jacked up or slapped new excise
taxes on oil, cigarettes, sugary drinks and vehicles, among other goods, to compensate for the restructured personal income tax regime that raised the tax-exempt cap to an annual salary of P250,000.
In cases of locally manufactured/assembled automobiles, the excise
tax may be paid either: (1) simultaneous to the filing of the proper Bureau of Internal Revenue (BIR) Form and before removal of the automobile from the place of production/assembly; or (2) in advance (wherein the person liable shall be allowed to remove automobiles without prior filing of the prescribed excise
-tax returns provided that he has sufficient balance of deposits with the BIR to cover full payment of the excise
taxes due on said removals).
The Punjab government had planned to establish the excise
and narcotics police stations at divisional headquarters, besides setting up special check-posts at all the entry and exit points of the divisions to curb the menace of the narcotics across the province.
stamps were given only for import cigarettes with filters," the statement said.
Expressing concerns that the uniforms worn by the excise
police looked to be similar to the ones worn by the K-P police, the excise
and taxation department was asked to change them so that officers of both forces look distinct.
For import of whiskey, vodka and liqueur, the excise
tax is set at the level of 10 manats [$5.
Finance Undersecretary Karl Kendrick Chua added the excise
tax cost only corresponds to about one percent of the total cost of coal.
7) of 2017 identifies the person liable to pay tax where the person who conducted the activity (importing, producing or stockpiling of excise
goods) has not settled the tax, as a person in the supply chain, an investor with a financial interest in the supply chain, or the owner of the excise
Cabinet okays VAT, excise
tax regulations He said the FTA worked with some of the world's leading companies to develop a tax system that suits the UAE.
This was stated by Punjab Secretary Excise
and Taxation and Narcotics Control Department,Dr Bilal Ahmed at a seminar here on Tuesday.
and Taxation inspectors Faqeer Ali Shah and Ali GoharSahito participated in the raid and Excise
and Taxation officer Qurban Ali Shaikh supervised the raid.