Monday, April 15, 2019
The Seychelles Revenue Commission has published the Excise Tax (Imposition of Sugar Tax on Drinks) Regulations, 2019, which provides for the imposition of a sugar tax on drinks effective April 1, 2019.
The levy does not apply to fresh local fruit drinks without any additives and plain milk.
It is levied on all other drinks listed in the regulations, including flavored milk, at a rate of SCR4 per liter if the sugar content of the drink exceeds five grams per 100 milliliters.
The Regulations were published in the Official Gazette on March 29, 2019.