Excise Exemption Rules for Alcohol Products Re-Amended

With the aim of further improving administration within the excise sector and accommodating  new developments in the alcoholic beverage industry, the Director General of Customs and Excise (“ Director General ”) has issued Regulation No. PER-43/BC/2017 (“ Amendment ”) as the second amendment to  Regulation No. PER-46/BC/2012 on Procedures for the Granting and Revocation of the Decree on Excise Exemptions for Ethyl Alcohol and Beverages Containing Ethyl Alcohol (“ Regulation 46/2012 ”).Prior to the issuance of the Amendment, Regulation 46/2012 was amended once previously through the issuance of Regulation No. PER-11/BC/2014. Essentially, the Amendment alters several aspects of Regulation 46/2012, including: