Article 6 establishes the methodology for determining the value of goods subject to Excise Tax. For tobacco products, the taxable value is determined exclusively by the Supreme Council's decision from its 36th session, or any subsequent amendments. For all other Excise Goods, the value is calculated as the higher of two potential bases: either the retail sale price provided by the importer or producer, or a standard price list periodically agreed upon by the GCC Tax Administrations. This dual-valuation system ensures that the tax is levied on a comprehensive and standardised basis across Member States.
Chapter 2 - Charging Tax
Article 6 - Value of Excise Goods
The value on which Tax shall be levied on tobacco shall be determined in accordance with the Supreme Council's decision in its 36th session, or any subsequent decisions of the Supreme Council in this regard.
The value on which Tax shall be levied on the remaining Excise Goods shall be determined on the basis of their retail sale price provided by the importer or producer of the Excise Goods, or in accordance with a standard price list to be periodically agreed upon by the GCC Tax Administrations, whichever is higher.
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