Excise Act, 2001

Version of the schedule from 2014-06-19 to 2017-06-21:

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

Cigars: per cigar, the greater of

(a) either
- (i) $0.08226, 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 the following percentage:
- (i) if the rate referred to in subparagraph (a)(i) has not been adjusted under subsection 43.1(2), 82%, or
- (ii) if the rate referred to in subparagraph (a)(i) has been adjusted under subsection 43.1(2), the amount, rounded to the nearest whole number, or, if the amount is equidistant from two consecutive whole numbers, to the higher whole number, expressed as a percentage, determined by the formula
  A × 1000
  where
  A
  is the adjusted rate referred to in subparagraph (a)(ii), as if that rate were not expressed in dollars.