In accordance with Article 15(3) of Cabinet Decision No. 37 of 2017 on the Executive Regulations of the Federal Decree-Law No. 7 on Excise Tax (“the Executive Regulations”), a warehouse-keeper must submit an application to the FTA in order to register each of the designated zones over which it is responsible. As part of this process, the FTA requires the warehouse-keeper to pay a registration fee in order to register the designated zone for a period of 12 months.
This means that every 12 months, warehouse- keepers must apply to renew the registration of their designated zones in order to maintain their status. If a designated zone does not have its registration renewed in accordance with FTA’s procedures, it will cease to be considered a designated zone for Excise Tax purposes and Excise Tax will be immediately imposed on the excise goods held within.
Each Excise Tax warehouse-keeper must take the following actions:
- Review the registration expiry dates of its designated zones;
- Submit the designated zone renewal (amendment) form and pay the renewal fee separately for each ...