News Link: UAEs Federal Tax Authority Makes New Ruling For Tobacco Usage – By ND Gulf Desk
The United Arab Emirates’ Federal Tax Authority issued new regulation with effect from 1st January, 2021 on tobacco possession, sale etc.
Referring to cabinet decision number 42 of 2018, the F T A made a ruling from New Year day. All tobacco products that are inside the country must have digital tax stamp.
The authority had warned Manufacturers, Importers, Agents and Re-sellers about consequences on violating the rule or finding the products contrary to the ruling.
As per the directive, No waterpipe tobacco, or electrically heated cigarettes will be allowed to sell in the country. With Effect From the first day of the new year, possession of such non complying cigarettes will attract a hefty fine and penalty. ” From manufacturer to the end user, All must comply ” – Authority says.
The Federal Tax Authority had displayed two different types of Digital Stamps of Cigarettes. One for Those items sold from Duty Free Shops at Country’s international borders. And the Other one is for Local Market sale.
Both digital stamps can identify with their different color code.
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News Link: UAEs Federal Tax Authority Makes New Ruling For Tobacco Usage