{"id":23095,"date":"2020-11-06T11:39:48","date_gmt":"2020-11-06T16:39:48","guid":{"rendered":"http:\/\/www.tasteyourjuice.com\/wordpress\/?p=23095"},"modified":"2020-11-06T11:54:52","modified_gmt":"2020-11-06T16:54:52","slug":"vaping-news-malaysia-import-freeze-excise-duty-on-vape-products","status":"publish","type":"post","link":"https:\/\/www.tasteyourjuice.com\/wordpress\/archives\/23095","title":{"rendered":"VAPING NEWS: MALAYSIA [Import Freeze & Excise Duty On Vape Products]"},"content":{"rendered":"

“The government will be freezing the issuance of import licence for cigarettes and impose an excise duty on electronic, non-electronic cigarette devices and vape liquids beginning January 2021. Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz also said the government will tighten the licence renewal for importing cigarettes by revising the licence terms including introducing an import quota. \u201cThe government will also impose excise duty at a rate of 10 per cent ad valorem on all types of electronic and non-electronic cigarette devices including vape effective January 1, 2021. \u201cE-cigarette liquids will also be subjected to excise duty at the rate of RM0.40 per ml,\u201d he said in his speech.”<\/span><\/p>\n

ARTICLE LINK:<\/p>\n

Budget 2021: New excise duty for e-cigs, vapes; tobacco import licence frozen from Jan<\/a><\/p>\n

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““The Malaysia E-Vaporisers and Tobacco Alternative Association (MEVTA) and the Malaysian Vape Chamber of Commerce (MVCC) are glad to see the government impose taxes and restrictions on the sale and purchase of e-cigarettes and vaping products. The groups said the move will help regulate the industry which has seen so much illegal sales and distribution over the past few years resulting in Malaysia becoming the number one country in the world for sales of illegal cigarettes.”<\/span><\/p>\n

ARTICLE LINK:<\/p>\n

Vape and e-cigarette advocate groups happy with new legislation, say will curb spread of illegal sales<\/a><\/p>\n

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“Japan Tobacco International Berhad (JTI Malaysia) said today it welcomes the announcement made by the government in Budget 2021 to tackle the illicit cigarette trade. \u201cWe are particularly pleased with the announcement that cigarette trans-shipment activities will be limited to certain ports only. We have called for a ban on trans-shipment of tobacco products time and again, as this loophole has been exploited for years.” O\u2019Rourke also voice his approval that the government had decided not to increase excise tax for cigarettes given that the illegal cigarette industry accounts for 64.5 per cent of the total market consumption. \u201cAn increase would have resulted in driving more consumers to illegal cigarettes and illegal vaping”<\/span><\/p>\n

ARTICLE LINK:<\/p>\n

JTI Malaysia lauds Budget 2021 announcement, especially on tobacco trans-shipment ban<\/a><\/p>\n

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“British American Tobacco (Malaysia) Berhad (BAT Malaysia) welcomes the government’s announcement in Budget 2021 today on measures to stop the tobacco black market. BAT Malaysia, in a statement, also highlighted that the “government\u2019s move is both timely and necessary as Malaysia is currently the No. 1 in the world for illegal cigarettes, which take up 65 per cent of the total market.””<\/span><\/p>\n

ARTICLE LINK:<\/p>\n

BAT Malaysia sees Budget 2021 announcement as first step to tackle tobacco black market<\/a><\/p>\n

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