The Saudi Zakat, Tax and Customs Authority (ZATCA) has issued a reminder to entities involved with merchandise subject to the nation’s Excise Tax Law. The notice stipulates that tax returns for the months of January and February should be filed by the 15th of March. Failure to comply with this directive could result in a financial penalty, accruing at a rate of 5% on the unpaid tax amount for every 30 days past the deadline.
Filing can be completed through ZATCA’s online portal, accessible at their official website. This process is designed to help entities avoid the impending late fee. ZATCA has also provided multiple avenues for those in the business realm seeking additional information regarding the Excise Tax Law. Inquiries can be directed to their round-the-clock call center, communicated through their social media handle @Zatca_Care, sent via email, or addressed through instant chat on the ZATCA website.
The excise tax in question is levied on products that are considered harmful to public health or the environment. This includes a variety of items such as soft drinks, energy drinks, sweetened beverages, and tobacco products, each taxed at different rates to reflect their impact.