1. When shall the registration of the designated zone for Excise Tax purposes be renewed?
For Excise Tax purposes, designated zone registration must be renewed annually. If the designated zone registration is not renewed, the registration will expire, and the designated zone status will be lost.
2. What is the specified time period within which the FTA shall receive the renewal fees from the date of suspension?
The FTA shall receive the renewal fees within 20 business days from the date of suspension.