The Chairman of the Board of Directors of the Federal Tax Authority,
- Having reviewed the Constitution,
- Federal Decree-Law No. 13 of 2016 on the Establishment of the Federal Tax Authority, and its amendments,
- Federal Law No. 7 of 2017 on Tax Procedures,
- Federal Decree-Law No. 7 of 2017 on Excise Tax,
- Cabinet Decision No. 37 of 2017 on the Executive Regulation of the Federal Decree-Law No. 7 of 2017 on Excise Tax,
- Cabinet Decision No. 52 of 2019 on Excise Goods, Excise Tax Rates and the Methods of Calculating the Excise Price, and
- Board of Directors’ approval on the Mechanism for Calculating the Average Retail Selling Price of Excise Goods in the Market, at its 15th meeting held on 20 April 2021,
Has Decided:
1. For the purposes of Clause (2) of Article 14 of Cabinet Decision No. 52 of 2019 referenced herein, a Taxable Person shall undertake the following procedures to calculate the Average Retail Selling Price of Excise Goods in the Market for the pu...