- Saudi Arabia released a bulletin explaining procedures for claiming tax refunds related to excise goods disposal
- The bulletin clarifies existing laws and regulations regarding licensing of specific sites for disposal of excise goods
- Procedures to claim a refund for taxes paid on goods no longer fit for human consumption are outlined
- The bulletin specifies criteria for excise tax refund eligibility, including being a registered taxpayer and goods being unfit for human consumption
- Taxpayers must submit a request to the Zakat, Tax and Customs Authority (ZATCA) for approval before disposing of excise goods
- Once approved, taxpayers can proceed with disposal and submit a refund application to ZATCA along with proof of disposal for reimbursement.
Source: globaltaxnews.ey.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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