Saturday 07/December/2024 – 09:07 PM
The Egyptian Tax Authority determined the tax treatment for soft water and non-alcoholic beer to be the same specific treatment applied to cigarettes.
Taxes unify the mechanism of tax treatment
She said IRSIt is according to the book of the Tax Authority, page 763, regarding the calculation of the table tax and the value-added tax due on the two commodities of soft water and non-alcoholic beer on the basis of the final consumer selling price, and not the value accepted by customs in accordance with the provisions of the value-added tax law promulgated by Law No. 67 of 2016. , which concluded with a proposal to apply the same mechanism applied to the manufacture of cigarettes, for which value-added tax is collected as a percentage of the selling price to the final consumer, to the two types of soft water and non-alcoholic beer.
The Authority confirmed that it has no objection to applying the same mechanism applied to imported cigarettes to the two types of soft water and non-alcoholic beer.
Customs stipulated that the customs release of these letters be done according to a letter issued by the Tax Authority and directed to the relevant customs, including the final consumer selling price coming to the authority from importing companies.
