News

Government Proposes Higher Import Duties on Tobacco and Vape Products

The Maldives’ government has submitted a bill proposing significant increases in import duties on tobacco products as part of its ongoing efforts to reduce smoking and tobacco use. The amendments to the Export Import Act, which include higher duties on both traditional cigarettes and e-cigarettes, are set to come into effect next month.

The bill, which was announced following President Dr. Mohamed Muizzu’s recent statements on tobacco control, aims to impose stricter financial measures on the import of tobacco. Under the proposed changes, the import duty on cigarettes will increase to 25% along with an additional charge of MVR 3 per cigarette.

Advertisement


In addition to traditional tobacco products, the amendments will also target vaping products. Flavors and chemicals used in e-cigarettes, as well as related vape products, will face a 50% duty and an additional charge of MVR 8 per milliliter. Furthermore, heated tobacco products, including those used in e-cigarettes, will be taxed at a rate of 50%, with MVR 8 applied to each unit. The government has also proposed a 200% import duty on devices used for vaping and e-cigarettes.

As part of the government’s broader anti-tobacco initiative, the import of e-cigarettes, vaping products, and related chemicals will be completely banned after November 15, 2024, in an effort to curb their growing use in the Maldives.

During a press briefing, Attorney General Ahmed Usham elaborated on the financial implications of the bill, revealing that the government expects to generate MVR 1.05 billion in revenue from the new import duties by next year. Usham also noted that these changes would bring clarity to the circumstances under which import duty and royalty revenue can be exempted, addressing gaps in the current legal framework.

The proposed amendments reflect the government’s commitment to promoting public health by reducing the availability and appeal of tobacco products, including those related to vaping. With the new measures in place, officials hope to encourage a decline in tobacco use across the country while generating substantial revenue through import duties.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related articles

News

The National Social Protection Agency (NSPA) has announced plans to establish a dedicated call centre in Addu City next month as part of ongoing...

News

The government’s decision to establish a dedicated mental health hospital in the Greater Malé Region was driven by the growing number of people seeking...

News

The Housing Development Corporation (HDC) has opened applications for its 2026 Apprenticeship Programme, offering young Maldivians an opportunity to gain nationally recognized qualifications and...

News

Efforts to bring a long-term solution to electricity disruptions in Addu City have moved a step closer, with Fenaka Corporation confirming that the generators...

Copyright © 2024 Sauvees Online

Exit mobile version