Completing an Excise Duty Return – Special Excise Warehouse Licensee

Excise Duty Memorandum EDM10-1-5

February 2023

This version replaces the one dated August 2003. This memorandum was revised to clarify how special excise warehouse licensees are required to file their returns and to make the information more helpful and easier to understand.

Except as otherwise noted, all statutory references in this publication are to the provisions of the Excise Act, 2001. The information in this publication does not replace the law found in the Act and its regulations.

If this information does not completely address your particular situation, you may refer to the Act or relevant regulation, or contact your CRA regional excise office for additional information. The offices are listed at Contact Information – Excise and Specialty Tax Directorate.

General

As a special excise warehouse licensee, you must file Form B264, Excise Duty Return – Special Excise Warehouse Licensee for each reporting period. For information on the responsibilities and requirements related to special excise warehouse licensees, refer to Excise Duty Memorandum 8-1-2, Special Excise Warehouses.

When completing Form B264, include only the information that applies to the reporting period for which you are filing and complete only the lines of the return that apply to you.

Filing your return

You can file your return either:

• electronically using the “File a return” function in My Business Account
• by mail at:

Canada Revenue Agency
Prince Edward Island Tax Centre
275 Pope Rd
Summerside PE  C1N 6E7

Instructions

Identification box

Enter the complete legal name and mailing address of your business.

Box 1 – Account number

Enter your 9-digit business number (BN) and 4-digit program account number.

Box 2 – Period covered (YYYY-MM-DD)

Enter the start and end dates of the reporting period for which this return is being filed.

Box 3 – Due date of return (YYYY-MM-DD)

Enter the due date for this return. The due date is the last day of the month following the reporting period entered in box 2. When the due date falls on a Saturday, a Sunday or a public holiday recognized by the Canada Revenue Agency (CRA), your return is considered on time if the CRA receives it or if it is postmarked on or before the next business day.

Manufactured tobacco and cigars manufactured in Canada

Line A – Opening inventory

For each column, enter the total quantity of cigarettes, tobacco sticks, manufactured tobacco (other than cigarettes and tobacco sticks) or cigars in inventory at the beginning of the period on line A. The opening inventories on line A of this return must equal the closing inventories on line E of the previous return.

Additions to inventory

Receipts of Canadian manufactured tobacco and cigars manufactured in Canada
For each column, enter the total quantity of cigarettes, tobacco sticks, manufactured tobacco (other than cigarettes and tobacco sticks) or cigars received from tobacco licensees during the period.

Line B – Total additions

For each column, enter the quantities added to your inventory on line B.

Reductions to inventory

Deliveries to accredited representatives
For each column, enter the quantity of cigarettes, tobacco sticks, manufactured tobacco (other than cigarettes and tobacco sticks) or cigars delivered to accredited representatives during the period.

Returns to the excise warehouse of the tobacco licensee who manufactured the products
For each column, enter the total quantity of cigarettes, tobacco sticks, manufactured tobacco (other than cigarettes and tobacco sticks) or cigars returned to the excise warehouse of the tobacco licensee who manufactured the product during the period.

Line C – Total reductions

For each column, add the quantities removed from your inventory and enter the total on line C.

Line D – Inventory adjustments (+ or −)

For each column, enter the necessary inventory adjustment. Adjustments may be necessary to balance the physical inventory with the book inventory. The closing inventory in your books must match the closing physical inventory for the reporting period.

Line E – Closing inventory (A + B) − C ± D

For each column, add the quantity on line A and the total on line B, subtract the total on line C, add or subtract the inventory adjustment on line D and enter the result on line E. This closing inventory is the opening inventory for the following reporting period.

Certification

Enter the name, title and telephone number of an authorized representative. The authorized representative must sign and date the return.

Further information