S.L. 406.1 Art. 5Inported goods on which excise tax on imports has been paid.

This regulation shall apply in the case of imported goods on which excise tax on imports at the rate of 15% has been paid:

(a) where the applicant is an importer, such refund shall be at the rate of 15% of the invoice cost of the taxable goods paid on the importation of those goods by that importer, inclusive of the cost of freight and insurance, but excluding the excise tax on imports paid thereon;

(b) where the applicant is a wholesaler, such refund shall be at the rate of 11% of the invoice cost, exclusive of the excise tax on products paid thereon;

(c) where the applicant is a retailer, such refund shall be at the rate of 15% of invoice cost, exclusive of the excise tax on products paid thereon.