Finance Ministry: Vape liquid manufacturers have until April 30 to register with Customs Dept to facilitate new tax collection

KUALA LUMPUR, April 2 — Vape industry stakeholders have been given until the end of this month to register themselves with the Customs Department following the gazetting of an excise duty for vape liquids with nicotine, the Finance Ministry said today.

“This early registration will prevent manufacturers from being compounded on grounds of late registration. Licensing registration under the Excise Act 1976 can be done online through the MyExcise System at https://myexcise.customs.gov.my/myexcise/ During the tabling of Budget 2023 on February 24, Prime Minister Datuk Seri Anwar Ibrahim who is also the finance minister announced that the government will impose an excise duty on liquid or gel products containing nicotine, with half the revenue to be allocated to the Health Ministry.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Vape industry players given until April 30 to register with Customs, says Finance MinistryPETALING JAYA: Vape industry players have been given until April 30 to register vape manufacturing activities with the Royal Malaysia Customs Department, says the Finance Ministry.
Bron: staronline - 🏆 4. / 75 Lees verder »