News

 Timeline for Tax Stamp System on Cigarettes
KSA
Timeline for Tax Stamp System on Cigarettes
Posted on 09 September 2019
The excise tax stamps systemby GAZT has decided 18th November 2019 as the date when sale and trade of cigarettes that do not bear activated tax stamps will not ..
FTA issues clarification on Scenarios requiring the return of Digital Tax Stamps
UAE
FTA issues clarification on Scenarios requiring the return of Digital Tax Stamps
Posted on 06 September 2019
Digital Tax Stamp (DTS) regime recently implemented by FTA requires the marking of certain excise goods with a physical and digital marker to validate authentic..
KSA's GAZT publishes a Guide on Excise Tax expansion and Transitional Excise Rules
KSA
KSA's GAZT publishes a Guide on Excise Tax expansion and Transitional Excise Rules
Posted on 04 September 2019
The Kingdom of Saudi Arabias (KSA) General Authority of Zakat and Tax (GAZT) has released anew guide Version 1.6, June 2019 on Excise Tax - Excise Tax expansion..
UAE Cabinet to expand list of excise taxable products starting 1st January 2020
UAE
UAE Cabinet to expand list of excise taxable products starting 1st January 2020
Posted on 03 September 2019
UAEs FTA has released a press release on UAE Cabinets decision to expand list of excise taxable products in January 2020. According to a statement released by t..

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