We, Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates,
- Having reviewed the Constitution,
- Federal Law No. 1 of 1972 On the Competencies of the Ministries and Powers of the Ministers, as amended;
- Federal Decree-Law No. 7 of 2017 On Excise Tax, and its amendments;
- Based on the proposal of the Minister of Finance and with the approval of the Cabinet,
have issued the following Decree-Law:
The provisions of Article 3, Article 5, Article 16 and Article 19 of Federal Decree-Law No. 7 of 2017 referred to above shall be replaced by the following texts:
The Cabinet shall issue a decision based on the Minister's proposal to determine the following:
1. The tax imposed on excise goods as a percentage of the excise price, provided that the tax rate imposed on those goods does not exceed 200% of the excise price of the goods.
2. The tax imposed on excise goods as a specific amount per unit of measurement, provided that such amount shall not exceed AED 100 per unit of measurement.
3. The unit of measurement and basis f...