UAE's Federal Tax Authority (FTA) has published an Excise Stock Movement Guide For Warehouse Keepers who are Registered for Excise Tax.
Broadly, the guide covers the following points:
• Understand the process of declaring Excise Goods that belong to registered Excise taxpayers that are held in your Designated Zone as on 1st of January, 2021;
• Understand the icons and symbols included in the forms.
This guide will also assist you in understanding the Excise Tax compliance obligations that you as a Warehouse Keeper have to comply with. It provides an overview of the various declaration forms that need to be filed by the Warehouse Keeper of Designates Zones in the UAE. The sections of the guide provide a detailed explanation of each type of declaration form and who, how and when a Warehouse Keeper should complete and submit each of them to the FTA.
You can access Law including Guidelines, Cabinet & FTA Decisions, Public Clarifications, Forms, Business Bulletins for all taxes (Vat, Excise, Customs, Corporate Tax, Transfer Pricing) for all GCC Countries in the Law Section of GCC FinTax