To determine whether a commodity is among the Excise Goods, the following definitions are applied: Soft Drinks: Includes any beverage containing gas except for unflavored carbonated water. Any concentrates, powders, gels or extracts that can be converted into soft drinks are considered soft drinks. .
The selective tax is an old tax that was introduced nearly 350 years ago. It is imposed on some products intended to reduce their harm, such as tobacco and its derivatives, or on luxuries to limit their consumption and direct the economy towards more valuable and useful products.
The selective tax is an indirect tax, and its main purpose is not economic, but healthy, environmental, and possibly ethical! Where the selective tax is imposed on some selected commodities that cause health or environmental harm or spoil the establishment, in order to direct consumers to reduce them as a result of their exaggeratedly high prices. How is that? Why is excise tax applied? Why did she go to Saudi Arabia? What is the effect of applying this tax? This is what we will learn about in this article
