The Federal Tax Authority (FTA) has shared a public clarification related to the below: Excise Tax obligations for stockpilers of sweetened drinks, electronic smoking devices and tools, or liquids used in such devices and tools, which are held for business purposes on the date Cabinet Decision No. 52 of 2019 on Excise Goods, Excise Tax Rates and the Methods of Calculating the Excise Price comes into effect i.e. 1 December 2019