Excise Period Document For Free

Excise duties are imposed under the Excise Act, 2001 on spirits, wine, tobacco products, cannabis products and vaping products produced in Canada. For more information on the application of excise duties on those products, go to Excise duties technical information under the Excise Act, 2001.

Excise duty is the amount payable on raw materials used in the manufacture of goods. Exporters are required to pay excise duty and get excise clearance. In order to get excise clearance, a manufacturer must first submit an invoice to the regional excise commissioner.

Call the Excise and Specialty Tax Directorate at 1?866?330?3304 to make a general or technical enquiry regarding: the air travellers security charge (ATSC) excise duties on beer products, cannabis products, spirits products, tobacco products, vaping products and wine products.

Central Excise duty is an indirect form of taxation and is collected from a customer by a retailer or an intermediary. It is paid when goods are transferred from the production unit to a warehouse. This particular tax is governed by two sets of acts ? Central Excise Act, 1944 and Central Excise Tariff Act, 1985.

An excise or excise tax (sometimes called an excise duty) is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax on the production or sale of a good.

Excise tax compliance also involves abiding by specific rules about the commodities or activities subject to excise taxes. These standards may include labelling, product specifications, sales or distribution limitations, and other industry-specific guidelines.

Effective April 1, 2023 , Finance Canada is temporarily capping the Consumer Price Index ( CPI ) inflation adjustment for excise duties on beer, spirits and wine at two (2) per cent, for one year.