Thu, 03 Jun 2021 04:22:39 GMT
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Dynamics 365 Finance
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New
The Kingdom of Saudi Arabia has Excise Tax on certain products.
Typically, the following products are currently under Excise Tax:
1. Tobacco (100%)
2. Energy drinks (100%)
3. Carbonated drinks (50%)
4. Sugar Sweetened Beverages – “SSBs” (50%)
5. Electronic devices and equipment used for smoking, and their equivalents (100%)
6. Liquids used in electronic devices and equipment used for smoking, and their equivalents (100%)
Over the years, additional products are getting added to this list.
The current localization functionality does not include this Excise Tax/Duty and is currently a gap.
We see several our customers getting into the manufacturing of energy/sugar drinks and require this functionality.
I request Microsoft to consider this request and implement this functionality ASAP.
Thanks & Regards,
Darshan Jog