Cap. 395 Art. 10Imposition of excise tax on imports. Cap. 337.

(1) Subject to the provisions of this Act, an excise tax on goods imported into Malta shall be levied and collected in accordance with the provisions of this Act at the rate of fifteen

*Repealed by Act XVII of 1998 (Cap. 403). imported goods shall be the value of the said goods at the time when the tax on the said importation is payable in terms of subarticle (1). Such value shall be established in the same manner provided in the Import Duties Act for the determination of the value on which duty ad valorem is chargeable under that Act, and all the relevant provisions of that Act shall apply mutatis mutandis; and for the purposes of this subarticle the references in the said provisions to the Comptroller of Customs shall be construed as references to the Comptroller of Customs acting on behalf of the Director.

(3) Where the said goods are sold in Malta before the date on which the tax on their importation becomes payable in terms of subarticle (1) the taxable value thereof shall be the value of the consideration paid or payable for the said transfer or the value established in virtue of the other provisions of this Act, whichever is the higher.

(4) No goods imported into Malta shall be released by the Comptroller of Customs unless -

(a) the excise tax on imports has been paid in accordance with this Act; or

(b) the importation thereof is an exempt importation; or

(c) such release is authorised by the Director.

(5) An authorisation for the purpose of subarticle (4)(c) may be given under such conditions and against the granting of such security as the Director may establish.