Excise Tax Return Filing
Stay compliant with Stratify’s Excise Tax Return filing services. We ensure accurate calculations, timely submissions, and hassle-free tax compliance for your business
Excise Tax Return Filing
Excise Tax Return Filing is the process of submitting accurate reports to the Federal Tax Authority (FTA) regarding the excise tax payable on goods such as tobacco, energy drinks, and soft drinks. It involves detailed calculations of taxable supplies, adjustments, and payments made during the tax period. Timely and accurate filing is essential to avoid penalties and ensure compliance with UAE’s excise tax regulations.
Process of Return Filing
Document Collection and Review
Collect and review all required excise-related documents to determine taxable supplies and ensure compliance
Tax Calculation
Calculate the excise tax liability based on taxable goods, imports, adjustments, and applicable rates.
Drafting the Return
Prepare the tax return, including all required details, adjustments, and tax payable amounts.
Reconciliation
Reconcile the tax return with accounting records, sales invoices, and customs declarations to ensure accuracy.
Filing the Return
Submit the completed excise tax return through the FTA online portal before the due date
Tax Payment
Make the necessary tax payment as per the calculated liability to avoid penalties or interest.
Post-Filing Review
Review the submission and ensure acknowledgment from the FTA for future reference
Documents Required
For efficient and accurate excise tax return filing, the following documents are required
Excise Tax Registration Certificate
Proof of your business's excise tax registration with the FTA, ensuring compliance with regulations
Taxable Supplies and Revenue Records
Details of excise goods sold to determine the correct tax liability for the reporting period.
Import Declarations
Customs documents for excise goods imported into the UAE to validate tax obligations.
Tax Invoices for Excise Goods
Invoices for transactions to ensure the proper application of excise tax on supplies
Inventory and Stock Movement Records
Logs of goods produced, sold, or moved to accurately calculate tax liabilities.
Credit Notes and Adjustments
Records of adjustments to sales or tax liabilities due to returned goods or discounts.
Tax Payment Receipts
Evidence of prior tax payments to reconcile with tax returns.
Records of Goods Moved to Designated Zones
Documentation for excise goods stored or moved to tax-exempt areas for proper reporting.
These documents help ensure that the tax return is accurate and complete.
How We Can Help You
At Stratify, we simplify the excise tax return filing process to ensure compliance and peace of mind. Our team of tax experts provides
Advisory Services
Our expert consultants will assess whether your business activities fall under excisable goods and determine your tax obligations
Document Preparation
We will assist you in gathering and submitting the correct documents to the FTA, minimizing errors and delays
Registration Process
Our team will handle the entire online registration process on your behalf, ensuring full compliance with FTA regulations
Ongoing Support
Post-registration, we provide regular updates on excise tax compliance, filing returns, and any changes in tax regulations, ensuring you remain compliant.
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Our Other Excise Tax Services
Our Services
Stratify Corporate services is an independent and international organisation with a specialization in crafting sustainable solutions and strategies
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Ensure full compliance with UAE’s Value Added Tax regulations through tailored advisory, registration, filing, and VAT health check services.
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Corporate Tax
Navigate UAE’s corporate tax landscape with strategic tax planning, filing, and compliance support to optimize your tax position.
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Excise Tax
We assist businesses in understanding and complying with excise tax regulations, including registration, filing, and audit preparation.
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Accounting Outsourcing
Streamline your financial operations by outsourcing your accounting needs, from bookkeeping to financial reporting, for efficient management.
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Customs
Simplify import-export procedures and ensure compliance with UAE Customs regulations through advisory, registration, and customs reconciliation services.
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Company Formation
Start your business in the UAE with expert guidance on company incorporation, licensing, and compliance with local regulations.
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Audit & Assurance
Our audit and assurance services provide reliable financial insights, ensuring transparency and compliance with regulatory requirements.
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Economic Substance
Anti-Money Laundering
Protect your business by staying compliant with UAE’s AML regulations, with risk assessments, monitoring, and reporting solutions.
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Frequently Asked Questions
What is excise tax return filing?
Excise tax return filing involves reporting the excise tax payable for taxable goods to the FTA during the specified tax period.
What is the deadline for filing excise tax returns in the UAE?
Excise tax returns must typically be filed monthly or quarterly, depending on the FTA guidelines for your business.
What happens if I miss the filing deadline?
Failure to file on time may result in penalties or interest charges on unpaid excise tax.
Can I file excise tax returns without professional help?
While you can file returns independently, professional assistance ensures accuracy and compliance, reducing risks of penalties.
Does Stratify assist in correcting past excise tax return errors?
Yes, we assist in identifying and correcting errors in past excise tax filings and reconciling discrepancies with the FTA
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Why Choose Stratify?
Stratify brings in-depth knowledge of UAE’s excise tax regulations and a commitment to providing exceptional compliance services. With tailored solutions to meet your business needs, we ensure accurate filing, timely submission, and peace of mind for all your excise tax obligations.
