Excise Tax shall apply to (producers - exporters – holders of excise products under a tax suspension position and holders of excise goods in a transitional phase).
- Producers: In this phase, producers shall submit a tax return each two months for the financial year so that the year is divided into six tax periods, for goods released for consumption from the production date. Producers shall pay the due tax for such products within 15 days from submitting the return.
- Exporters: In this phase, exporters shall pay excise goods tax for each customs declaration at Saudi Customs. At the end of the (two-month) period, ZATCA shall validate the tax calculated for the customs declarations for this period and demand exporters to pay differences, if any.
Application of Excise Tax in KSA shall be in accordance with GCC Unilateral Agreement for Excise Tax, published on Friday, 30 Sha'ban, corresponding to 26 May 2017.
You can access the Agreement by pressing here.