100388BH Excise duty

Excise duty is levied on the specific manufactured goods and becomes payable upon removal of goods from the place of manufacture. The rate depends on the classification of goods and concessions or exemptions available.

Bahrain specifics

In November 2016, the Gulf Cooperation Council (GCC) agreed to implement excise tax on specific harmful goods to encourage reducing the consumption. The Kingdom of Bahrain is committed to regional and international agreements, such as the Common Excise Tax Agreement, to control the consumption of excise goods

An excise tax return is due at the end of each tax period. This is in accordance with the conditions and procedures stated in the Executive Regulations of the Excise Tax Law.

See the official website of the Ministry of Finance for information related to the procedures of imposing excise tax.

How Infor meets this requirement

See the Tax User Guide.

See the Financials Setup and Administration Guide.