Excise Table Of Contents Warranty For Free

In general, an excise tax is a tax is imposed on the sale of specific goods or services, or on certain uses. Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco and other goods and services.

Introduced in 1991, the Goods and Services Tax (?GST?) is governed by Part IX of Canada's Excise Tax Act (?ETA?). The GST is a ?value-added? tax system in that it is imposed on the price of most goods and services at each stage from the supply of raw material, production, distribution to the sale to the consumer.

Special duty on stamped tobacco products manufactured in Canada and exported ProductRateCigarettes$0.095724 per cigaretteTobacco sticks$0.095724 per stickTobacco products other than cigarettes and tobacco sticks$5.98275 per 50 grams or fraction of 50 grams contained in a package

In general, an excise tax is a tax is imposed on the sale of specific goods or services, or on certain uses. Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco and other goods and services.

The Excise Tax Act sets out the excise tax rate for each of these goods. When goods are made in Canada, excise tax is payable when the goods are delivered to the buyer. When they are imported, excise tax is payable by the importer, at the time the goods were imported.

Introduced in 1991, the Goods and Services Tax (?GST?) is governed by Part IX of Canada's Excise Tax Act (?ETA?). The GST is a ?value-added? tax system in that it is imposed on the price of most goods and services at each stage from the supply of raw material, production, distribution to the sale to the consumer.

GST/HST is levied under Part IX of the Excise Tax Act. The rate of tax is currently 5% as of January 1, 2008, having been reduced from the original rate of 7% in 2 steps of 1% each. Several provinces have integrated their provincial sales taxes with the GST into what is called the Harmonized Sales Tax or HST.