Last update of excise taxes applied to canned liquids without alcoholic content, except milk and toilet soaps
October 04, 2016
Customs & Global Trade Flash
Through Executive Decree N° 39927-H, published in the Official Gazette No. 187 on September 29th 2016, the Presidency and Treasury Department informed on the latest update of excise taxes, applied to canned liquids without alcoholic content, except milk and toilet soaps, according to the Article 9 of Act No. 8114.
This update is performed on a quarterly basis according to the consumer price index, between the months of May and August 2016, and reflected results in a variation of 0.94%, generating the changes detailed below:
(CRC per consumption unit)
|Carbonated Beverages and its concentrate||¢18.32|
|Other packaged liquid drinks (even water)||¢13.59|
|Water (packages of 18 liters or more)||¢6.32|
|Excise tax per toilet soap gram||¢0.232|
This new decree repealed the Executive Decree N° 39771-H (June 7th, 2016) and will enter into force from October 1st, 2016.
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