As regards liability to excise duty, the act that constitutes liability is :

  • Delivery of goods/merchandise by the producer or his distributor or the wholesaler, in the case of sales and exchanges.
  • Introduction of goods / merchandise into the local market for sale or use, in case of imports liability of turnover tax is due generally at the time goods are delivered or services are rendered as confirmed by an invoice or other appropriate document. However, in the case of transaction concerning residential housing units or the development of industrial zone units, the tax is due at the time cash is received.

NOTE: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought for specifics.

For further information contact Mr Nico Halle, Tel: +237 42 64 79 or Fax: +237 43 26 34 or enter text search 'Nico Halle Law Firm' and 'Mondaq Business Briefing'.