Service
Excise Tax
It is a type of tax that is levied on a specific group of goods and services that are considered harmful to public health or the environment. Such goods may include carbonated drinks, energy drinks, tobacco and its derivatives, as well as electronic devices for smoking and liquids used in them.
Excise Tax Consultancy
The company provides professional services and consultations in this field, including the following:
Register for the Excise Tax
The company provides Excise Tax registration services.
Calculation of excise tax
The company provides excise tax calculation services.
Submission of excise tax return
The company provides Excise Tax return filing services.
Submission of objections
The company provides services for filing objections to the excise tax.
Method of accrual or collection
Excise tax is collected once on the goods, while VAT is collected at each stage of the supply process and is borne by the final consumer.
Scope of application
Excise tax is applied to a certain group of goods and products, while VAT has a wider scope of application as it includes all types of goods and services supplied unless they are exempt from tax or subject to zero rate.
Objective
It is to reduce the consumption of selective goods because of their harm to health and the environment.
Tax rate
VAT rate is fixed in most products and goods that are supplied, while the excise tax changes its percentage according to the types of goods and the size of their damage.
Our Services
Zakat and Tax Consulting
License No. 16 of 2004 AD – 1425 AH