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PETALING JAYA: All kinds of electronic and non-electronic cigarette devices, including liquid, will be subject to excise duties, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He said that a special tax at an ad valorem rate of 10% would be imposed on all types of electronic and non-electronic cigarette devices, including the vape.
“Liquid e-cigarettes will also be subject to a special tax at a rate of 40 sen per millimeter,” he said during the presentation of Budget 2021 in parliament on Friday (November 6).
On cigarettes, starting in January 2021, Tengku Zafrul said that taxes would be imposed on cigarettes and tobacco products on all duty-free islands and in any free zones that have been allowed to retail duty-free cigarettes. taxes
He added that the issuance of new cigarette import licenses would also be frozen.
In fact, the renewal of cigarette import licenses would be tightened by reviewing the licensing conditions, including the imposition of import quotas.
He said cigarette transshipment activities to selected ports would also be limited.
“We will impose refund taxes on all cigarettes imported for the purpose of transshipment and re-export,” he said, adding that transshipment and re-export activities of cigarettes using pump canisters would also not be allowed.
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