The Maldivian government has proposed an amendment to increase import duties on e-cigarettes, according to a report in The Edition on 21 October. The new tariffs will take effect between 1 November and 15 November, with an additional increase from 15 November.
The amendment was proposed by Ibrahim Mohamed, a member of the Maldivian Parliament, on behalf of the government, and aims to increase tariffs on imported products in line with the Tobacco Control Act before the ban on e-cigarettes and related devices is implemented. Specific measures include a 50% tax on e-cigarette products and an MVR 8 (USD 0.5) fee on packaging stickers and added flavours and chemicals.
According to the provisions of the bill, the new tariff policy will not result in any additional government spending, but it is expected that next year import tax revenue will increase by approximately MVR 1.5 million (USD 97,000).
The Attorney General Ahmed Usham stated that the purpose of this amendment is to increase the tariffs on e-cigarette products starting from November 1st, and to prohibit their importation after November 15th.
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