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Excise Act, 2001 (S.C. 2002, c. 22)

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Act current to 2024-10-30 and last amended on 2024-07-01. Previous Versions

SCHEDULE 2(Sections 43 and 43.1 and subsections 216(2) and (3))Additional Duty on Cigars

Cigars: per cigar, the greater of

  • (a) either

    • (i) $0.14533, or

    • (ii) if the rate referred to in subparagraph (i) has been adjusted under subsection 43.1(2), the adjusted rate; and

  • (b) the amount obtained by multiplying the sale price, in the case of cigars manufactured in Canada, or the duty-paid value, in the case of imported cigars, by 88%.

 

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