Tax desk
Excise, filed monthly and priced correctly
Registration, monthly returns and the retail selling price positions that decide the liability. Excise is the one tax where a price change can quietly change what you owe.
- Rates
- 50% and 100%
- Return cycle
- Monthly
- Due
- 15th of the following month
What it covers
What the engagement covers
Most excise penalties we see come from stock movements nobody declared, not from the rate being applied wrongly.
Ask what applies to you- Excise registration and product registration
- Monthly return preparation and filing
- Retail selling price review
- Stock and movement declarations
- Designated zone compliance
- Refund and deduction claims
Who it is for
Three situations this is built for
-
Importers of excise goods
Liability arises on import, before the first sale is made.
-
Producers and bottlers
Production records and stock movements that have to reconcile to the return.
-
Stockpilers
Holding excise goods above the threshold on which tax has not been paid.
How it runs
Three stages, start to filed
-
Review
Product review
Every SKU checked against the excise schedule and its declared retail price.
-
Prepare
Return build
Movements reconciled to stock records before the liability is computed.
-
File
Submission
Filed by the fifteenth, with declarations logged for the next audit.
Not included
What the fee does not cover
Listed because a scope is only clear when both halves are written down. Each of these is available; none is assumed.
- Warehouse keeper registration
- Physical stock counts
- Customs declarations at import
- Product labelling and compliance approvals
Questions we get
Answered plainly.
It can. Excise is charged on the higher of the declared retail selling price and the published price, so a market price move can raise the base even though your cost did not change.
Stockpilers can still be liable. If you hold excise goods above the threshold on which tax has not been paid, the obligation sits with you, not with whoever sold them to you.
Same desk
Also under Tax & Compliance Advisory
Talk to the tax desk
Send us your product list.
We will check the classifications and the declared prices, and tell you whether the last three returns hold up.