Vape industry given until April 30 to register manufacturing activities
KUALA LUMPUR: Vape industry players, especially local manufacturers who produce liquid or gel products containing nicotine, have been given until April 30, 2023, to register their manufacturing activities with the Customs Department. In a statement today, the Ministry of Finance (MoF) said early registration within the specified period (April 1 to 30) would prevent manufacturers […]
Careful study on vaping tax structure needed
KUALA LUMPUR: The proposed tax value for the vape industry is far from what the Government has imposed on the tobacco industry, said MQ Consultant. Despite the high revenue potential of the vape market, the industry is taxed much lower than the tobacco industry, it said. “Taxing is one of the first important steps to […]
