Excise Tax Update in the UAE. Forms are amended / added in Excise Tax Tab which provides detailed information reporting and compliance with Federal Tax Authority.
One New form addition is made which Form 203D – Stockpile Declaration specifically for Stockpiling of Excise Goods in UAE. The said form will be useful for companies reporting stockpiling of excise goods in UAE as on 1st December 2019.
Revisions provided by FTA creates more transparency towards Excise Tax Compliance in UAE.
In case of any clarifications, get in touch with our tax experts on info@hkmsgroup.com . HKMS Auditors, Accountants and Advisors
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