Deferment of Excise Duty – Legal Notice 147 of 2020
News    ·   24-04-2020
EMAIL THIS PAGE PRINT

AUTHOR: Donald Vella; Kirsten Debono Huskinson; Gabriella Chircop

In terms of Article the 13 of the Excise Duty Act (the “Act”), the Minister for Finance and Financial Service is empowered to make certain regulations for the better carrying out of the Act, including regulations relative to the time or times within which, and the manner in which, excise duty arising in accordance with this Act is to be paid.

To this end, Legal Notice 147 of 2020, entitled ‘Deferment of Excise Duty payable during the Months of April and May 2020 Regulations (the “Regulations”) has been promulgated on the 21st April 2020.

The Regulations provide for the deferment of excise duty payable in April and May 2020 as follows:

(i)      the duty on all excise goods and services payable on various dates during the month of April 2020 in pursuance of the Act, is to be paid sixty (60) days later, but not later than the 28th June 2020;

(ii)    the duty on all excise goods and services payable on various dates during the month of May 2020 in pursuance of the Act, is to be paid sixty (60) days later, but not later than the 26th July 2020.

 

Keep in touch with us
linkedInrss
Send us a message

Enter the code shown:

Where we are

Camilleri Preziosi

Level 3, Valletta Buildings

South Street

Valletta, VLT 1103

Malta

footerPhone (+356) 2123 8989

footerContactMap