1.
In what scenarios, should I use the price amendment application?
This service is used to update the prices of products listed under excise goods in accordance with changes in local market prices, provided that the adjustment is not the result of discounts or other promotional offers.
2.
Who can submit the application to FTA?
Anyone who has an EmaraTax account can submit a price amendment application to the FTA. Please refer to the eligibility criteria and required documents to submit this application to the FTA.
3.
What will happen once the application is submitted to the FTA?
1.
Processing your application:
a)
Your application will now be reviewed by us. If we require more information to assist with our review, we will contact you by email. You will need to provide the information requested for us to continue processing your application.
b)
Once we have completed our review, we will either approve or, in some cases, may have to reject the application. We will notify you by email of our decision.
c)
Where we reject an application, we will provide you with the reasons for doing so. You may re-apply but only once you have resolved the matters brought to your attention.
d)
Following approval of the price amendment of the excise goods in your application, you will be notified by us via email and SMS. The updated Retail Selling Price (RSP) of the published excise goods will be reflected in the excise goods list page in EmaraTax portal.
Important notes:
The status of your application will be updated in the dashboard of your EmaraTax account. You can check it at any time by log in to the EmaraTax portal.
4.
What is the estimated time to complete application review by the FTA?
Generally, the estimated time to complete the application by the FTA is 20 business days from the date the completed application was received by the FTA. However, in case where any additional information is needed, FTA may take additional time to process the application. The applicant needs to provide the additional information and re-submit the application. It may take the FTA a further 20 business days to respond to the updated application. If the application is not resubmitted within 60 calendar days from the date you received the notification from FTA, the application shall be auto-rejected.
5.
How to check the status of the submitted application with the FTA?
The application status can be viewed on the applicant’s dashboard in EmaraTax. The following provides a summary of the application statuses:
•
Drafted: the application form has not been completed or submitted by the applicant
•
In Review: the application form has been received by FTA and is under processing
•
Awaiting Information: FTA is waiting for additional information from the applicant
•
Rejected: the application form has been rejected by the FTA
•
Approved: the application means the application form has been approved by the FTA. The updated Retail Selling Price (RSP) of the published excise goods will be reflected in the excise goods list page in EmaraTax.