Finance Ministry will delay imposing excise duty, 2 other taxes

THE Ministry of Finance (MOF) has announced that excise duty and two other taxes under Budget 2022 – scheduled to be implemented this year – will be pushed to a later date.  

The delay applies to excise duty on pre-mixed products with sugar content of over 33.3g/100g, service tax on delivery services, and sales tax on low-value goods (LVG).