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(1) A person who imports goods from a foreign manufacturer registered for the purposes of the Excise Tax Stamp and a local manufacturer of goods which require an Excise Tax Stamp to be affixed to them, shall submit to the Commissioner-General, not later than the twentieth day of the month following the month to which the report relates, a monthly reconciliation statement or returns in the manner prescribed by the Minister and that shows

(a) the Stamps in stock on the last day of the previous month and which have been brought forward for use during the month;

(b) the summary of Stamps received during the month;

(c) the Stamps applied during the month;

(d) the stock balance of Stamps at the end of the month; and

(e) the Stamps spoiled or damaged during the process of affixing them.

(2) Where Excise Tax Stamps are spoiled or damaged in the process of being affixed, the manufacturer shall keep the Stamps for inspection and certification by the Authority.

(3) A manufacturer who ceases production either temporarily or permanently shall submit a record of unused Stamps to the Authority within a period of fifteen days after which the Authority shall recover the unused stamps and take appropriate steps to reconcile the supply and the use of the Stamps.