Excise Taxes and Special Levies Notices

ET/SL 11

May 31, 1994

NOTICE TO SUPPLIERS OF TOBACCO PRODUCTS TO VENDORS IN NOVA SCOTIA, NEW BRUNSWICK AND PRINCE EDWARD ISLAND

The federal government has announced further changes to the excise taxes on tobacco products destined for sale to retail vendors in Nova Scotia, New Brunswick and Prince Edward Island.

Because Nova Scotia and New Brunswick are introducing distinct tobacco marking schemes on June 1, 1994, the interim credit systems currently operating in these provinces will cease as of that date. In addition, the credit system operating in Prince Edward Island will be modified. As a result, suppliers of tobacco products to retailers in these provinces will be eligible to apply for a final credit in respect of tobacco products they hold in inventory as of the end of May 31, 1994.

To obtain this credit, you will have to take inventory of Atlantic marked cigarettes and tobacco sticks, and unmarked manufactured tobacco you have on hand as of the end of May 31, 1994, destined for sale in each of these provinces. This inventory will have to be apportioned on the basis of the proportion of the amount of each applicable type of tobacco product that is destined for sale in each province as of that date.

Information on how to apportion your inventory and forms to be used to claim the credit will be sent to you shortly. For further information, please contact your local Revenue Canada district office.