What Excise tax Records should be maintained in Dubai / U.A.E ?
Every taxable Person should maintain the following records:
a. Records of all produced, imported or stockpiled Excise Goods;
b. Records of exported Excise Goods and evidence of such Export;
c. Records of stock levels, including details of lost or destroyed items;
d. A Tax Record that includes the following information:
- Due Tax on imported Excise Goods.
- Due Tax on produced Excise Goods
- Due Tax on Excise Goods that have been stockpiled
- Deductible Tax according to the provisions of Article (16) of this Decree-Law.
Further, the excise goods should be marked to indicate that tax has been paid on them as well as the requirements conditions and procedures related to the marking of such goods.
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