The introduction of excise tax is a part of the UAE government’s strategy to curb the consumption of unhealthy products while generating additional revenue for public services. These goods are known as excise goods and include carbonated drinks, energy drinks, tobacco products, electronic smoking devices and sweetened drinks.
For consumers, the implementation of excise tax in UAE means higher prices for products that are considered harmful which could lead to decreased consumption of these goods.
Businesses involved in import production or stockpiling of excise goods must register for excise tax and comply with the filing and payment requirements. This includes accurate records in submitting periodic returns to avoid financial penalties.
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