Excise (Amendment) Bill, 2016
Excise (Amendment) Bill, 2016
Annex E
c
EXCISE (AMENDMENT) BILL, 2016
A BILL FOR AN ACT TO AMEND THE EXCISE ACT
Enacted by the Parliament of The Bahamas
1.
Short title.
This Act may be cited as the Excise (Amendment) Act, 2016.
2.
[424]
2016/2017
DRAFT
ESTIMATES
OF REVENUE &
EXPENDITURE
Amends the Schedule to No. 24 of 2013.
The Schedule to the Excise Act is amended —
(a) by deleting the words “5%” appearing in the column “Rate of Tax”
corresponding to Tariff Code Headings/Subheadings “3303.0010”;
“3303.0020”; “3303.0090”; and substituting therefor the word
“Free”;
(b) by deleting the words “7%” appearing in the column “Rate of Tax”
corresponding to Tariff Code Headings/Subheadings “6110.1110”;
“6110.1210”,
“6110.1910”;
“6911.1000”;
“6911.9000”;
“6913.1000”;
“7013.2200”;
“7013.2810”;
“7013.3300”;
“7013.3710”;
“7013.4100”;
“7013.4920”;
“7013.9100”;
“7013.9910”; “7018.9010”; and substituting therefor the words
“5%”;
(c) by inserting, immediately after Tariff Code Heading/Subheading
“989G.0000”, the following —
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