Assistance In Excise Tax Refund

As a consumption tax, the excise tax is ultimately paid by customers, but it is first collected by companies earlier in the supply chain. In the supply chain, importers, manufacturers, and warehouse keepers are responsible for paying excise tax and must register, make regular returns, pay the tax dues, and maintain certain excise tax records. The company that owns these excise items will be responsible for paying the excise tax if the person who was initially responsible for them defaults. Fortunately, subject to Excise Tax laws, businesses may request for an Excise Refund.

Although tax laws allow for the application of an excise tax refund, the procedure is cumbersome and time-consuming. Excise refund approval takes longer than VAT refund approval because the rates on these products are so much higher. Our team and tax agents can help you collect refunds sooner because the Federal Tax Authority (FTA) reasonably requires some time to review the papers.

Our excise tax specialists can assist your company at every stage of the excise tax refund procedure. We examine and calculate possible tax refunds. We are able to offer knowledgeable advice on the Refund processes and procedures because to our comprehensive expertise of Excise Tax legislation and regulations. Our staff will offer assistance in putting together the necessary paperwork and will keep in constant contact with the FTA to request the release of your refund