The Federal Tax Authority has launched a new electronic system for registering selective goods, pointing out that this comes within the framework of the continuous development plans of the tax system in general, and the system of selective tax in particular, which is undergoing continuous updates.
In a press release issued today, the CMA stressed that the new mechanism is characterized by the accuracy of the procedures for registering selective goods and their details with clear criteria and requirements, in addition to the updates that have been made on the forms of declarations and periodic tax returns for the selective tax.
The Authority noted that this step comes under the guidance of wise leadership to enhance the competitive position of the State, through continuous improvement of services and the accuracy and transparency of procedures.
She explained that all business sectors concerned with selective goods should follow the new procedures when registering selective goods in the CMA system, reviewing the documents and requirements for registering and preparing goods before applying for registration in the system.
Requirements for registering selective goods include: Product details, Food ingredient details, Marketing campaign details including photos and videos, Laboratory report if needed and finally Price details based on price guide at UAE retailers, or price details in The concerned country if not sold in the UAE).
It also stressed that all registrars of selective tax should abide by the updated forms of tax declarations and declarations in the system, including import and production declarations, specific areas, local purchases and other issues related to selective tax services and declarations. She pointed out that as part of its comprehensive awareness plan, the Federal Tax Authority has launched a set of new guidelines and a new user manual regarding the updated forms in the system, the mechanism and the new requirements for registering selective goods with the Authority, which the Authority published on the website and electronic services platform for registrars and users of the system. The TRA's regulations are easy to register, submit declarations and pay taxes around the clock through the online services available on the TRA's official website: www.tax.gov.ae. To provide adequate information and guidance to enhance tax awareness and provide an appropriate and sophisticated environment to assist businesses in self-tax compliance.
The Authority called upon the concerned business sectors and specialists to take advantage of this evidence to raise the knowledge level of workers in these sectors through the new mechanism, stressing that the selective tax is the responsibility of any person who imports or produces selective goods that are put for consumption within the state, or stored in special cases, or released from Specific area.
The Authority called on all concerned business sectors, which include producers, importers and stockpiles, of the goods covered by the selective tax to initiate the registration of all these products through the new system of registration of selective goods in accordance with the terms and conditions contained in the Cabinet decision regarding selective goods, the tax rates imposed on them, and how Selective price calculation.
She stressed that there is no registration limit for selective tax, so any person engaged in activities related to selective tax products should initiate registration and calculate the tax due, pointing out that the authority's website provides information and detailed instructions for the procedures required for importers and producers of selective goods in all cases, as well as Procedures required for the designated areas and the mechanism for declaring selective goods stored therein