Excise Duty Audits
Excise Duty are significant amounts of production costs and any errors such have dual impact that is cash flow issues and regulatory issues. Excise audits from the FTA are very common across all sectors of business and non-compliance or errors are charged with hefty fines.
Excise Duty are significant amounts of production costs and any errors such have dual impact that is cash flow issues and regulatory issues. Excise audits from the FTA are very common across all sectors of business and non-compliance or errors are charged with hefty fines. Hence, a proper recording & planning of Excise Duty are a must for any business to operate smoothly in terms of managing cash flows and keeping clear from the FTA.
At FINHIVE, we do Excise audit to ensure that the Excise Duty are appropriately recorded and are free from errors. We further help our clients by recommending appropriate tax planning methods eliminate any inefficiencies, if any, with our audit, you are ready for an FTA audit anytime.
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