WHEREAS, it is believed that an excise assurance system such as a digitized or physical stamp
will highly contribute to the proper collection of excise tax, prevent illicit trade and protect
public health and environment;

WHEREAS, it has become necessary to develop Excise Tax Management System which
facilitates enforcement of excise tax laws, brings transparency and accountability as well as
which helps in the track and trace of the production and distribution of excisable goods;

NOW THEREFORE, the Ministry of Finance with the power vested in it under Articles 29 and
42(2) of the Excise Tax Proclamation (as amended) has issued this Directive