Federal Excise Act, 2005 (for import-stage excise)
E910630
The Federal Excise Act, 2005 (for import-stage excise) is a Pakistani statute that governs the levy, collection, and administration of federal excise duties on specified goods and services at the time of their import into the country.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
Pakistani statute
ⓘ
fiscal legislation ⓘ tax law ⓘ |
| administeredBy |
Federal Board of Revenue
NERFINISHED
ⓘ
Pakistan Customs NERFINISHED ⓘ |
| amendedBy | annual Finance Acts of Pakistan ⓘ |
| appliesTo |
importers of specified excisable goods
ⓘ
taxable services subject to excise at import ⓘ |
| authority | Parliament of Pakistan NERFINISHED ⓘ |
| collectionMechanism | withholding at customs stage ⓘ |
| complements | domestic-stage federal excise regime ⓘ |
| complianceRequiredFrom |
importers of excisable goods
ⓘ
persons liable to excise on taxable services at import ⓘ |
| country | Pakistan ⓘ |
| defines | offences relating to evasion of federal excise duty at import ⓘ |
| enforcedThrough | customs clearance procedures at ports and borders ⓘ |
| governs |
administration of federal excise duty at import stage
ⓘ
collection of federal excise duty at import stage ⓘ levy of federal excise duty at import stage ⓘ |
| imposes | duty on import of excisable goods at rates specified in schedules ⓘ |
| jurisdiction | Islamic Republic of Pakistan NERFINISHED ⓘ |
| language | English ⓘ |
| legalBasisFor | charge of federal excise duty on imports ⓘ |
| legalSystem | common law system of Pakistan ⓘ |
| levyOn |
specified goods
ⓘ
specified services ⓘ |
| linkedTo |
Customs Act, 1969
NERFINISHED
ⓘ
Sales Tax Act, 1990 NERFINISHED ⓘ |
| policyObjective |
alignment of import taxation with domestic excise structure
ⓘ
regulation of consumption of specified goods ⓘ revenue generation for the federal government ⓘ |
| providesFor |
appeals and dispute resolution mechanisms
ⓘ
assessment of federal excise duty ⓘ collection and payment procedures for federal excise duty ⓘ penalties for non-compliance with excise provisions ⓘ powers of officers of federal excise at import stage ⓘ refunds and adjustments of federal excise duty ⓘ registration of persons liable to federal excise duty ⓘ |
| rateScheduleDefinedBy | First Schedule to the Federal Excise Act, 2005 ⓘ |
| scope | territorial waters and customs frontiers of Pakistan for imports ⓘ |
| shortTitle | Federal Excise Act, 2005 NERFINISHED ⓘ |
| subjectMatter |
federal excise duty
ⓘ
import-stage excise duty ⓘ indirect taxation ⓘ |
| taxEvent | import of goods into Pakistan ⓘ |
| typeOfTax | indirect tax ⓘ |
| yearOfEnactment | 2005 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.