Excise tax is inter-alia applicable on specific goods produced within the UAE.
One such category of excise goods is ‘Sweetened Drinks’. Sweetened Drinks means a product to which a source of sugar or other sweetener is added that is produced as (a) a ready-to-drink beverage intended to be used as a drink, …..
Source: Khaleej Times
Latest Posts in "United Arab Emirates"
- UAE E-Invoicing: Transforming Business with Digital Solutions and Compliance Benefits
- UAE Unveils Gradual Implementation Plan for National E-Invoicing System
- Australia-UAE Free Trade Agreement Comes Into Effect
- Ministry of Finance Proposes Legislative Changes to Implement Updated Sugar-Sweetened Beverage Excise Tax Policy
- FTA Clarifies VAT Treatment of Transactions Involving Sports Players